Posted on 04/14/2006 2:42:07 PM PDT by Eaglewatcher
of good news is that support is growing for complete replacement of the tax code with a national consumption tax. More and more taxpayers are demanding action from their representatives in Congress, and their representatives are listening.
Just one year ago, there were 33 sponsors and co-sponsors of HR 25, The FairTax Act, in the U.S. House. Now there are 53 supporters, and new co-sponsors are joining every month. In the Senate, Senator Saxby Chambliss (R-GA) was the lone sponsor of the FairTax Act, S 25, one year ago. Senators Tom Coburn (R-OK) and John Cornyn (R-TX) now join Senator Chambliss as co-sponsors. The word is spreading about the overwhelming benefits to our economy and our wallets when we replace the nine-million-word tax code mess with the fair and simple FairTax.
(Excerpt) Read more at townhall.com ...
Right on p_w!!! Right on.
"Which article? The one entitled 'Good News on the FairTax'? I can't seem to find that one."
What about any article at all on the Nightmare Tax? I can't seem to find any that even mentions it.
"I am convinced that more money will be funneled to the feds; this has been a high profile argument in favor of the NRST."
I agree with you on that point. Because of the economic stimulation that the FairTax would create, clearly more federal revenues (and a smaller deficit) would result.
I take it you would prefer a much less healthy economy so that we could "starve" the federal spending beast?
I'm here to offer that other interpretation. And, considering the Congress' behavior on bills passing through the house and senate, especially revenue bills, I'd say my unsupported assertion is more likely.
You're free to disagree. I certainly disagree with yours. But nobody will know one way or another unless the bill actually come to a vote. 
"Everything that keeps you alive on this Earth must be bought."
From post #115
"The basic fact is he gets money he didn't have before, and didn't earn, in the form of a payment in a medium of exchange. He might spend the money on booze.
It is wealth redistribution."
From post #139
So which is it, WT? If we have to consume in order to live, and we have to buy in oder to consume, and we have to pay taxes in order to buy, how is the rebate "wealth redistribution"?
Is a tax refund received at the end of the year "wealth redistribution"? If not, then it would appear that the timing of the payment WRT the taxes paid is the determining factor in classifying it as "wealth redistribution". I fail to see the logic in that.
"I am all for reducing the size of govt and eliminating most of the un-Constitutional spending, I favor doing this first rather than exerting all this energy rearranging the tax code to still extort the same amount of money from us in a different way."
Interesting post from someone who has spent a substantial amount of time criticizing the FairTax over the past year. Have you spent a similar amount of time working for what you view as the real priority? Do you have a plan to reduce the size of government and eliminate most of the unconstitutional spending? Is there a bill in congress that you would suggest that we get behind or a national organization that you would suggest that we support? How many reps and senators have you lined up so far?
There is a huge contradiction between your actions and your rhetoric.
"The Income Tax system is not our major economic problem in this country at present"
The current tax system is a major contributor to most, if not all of the major economic problems that we face as a nation. Including
1. a huge and growing trade deficit,
2. a large federal budget deficit,
3. the looming insolvency of SS and Medicare,
4. the unrelenting spiral of compliance costs and complexity,
5. a national savings rate for individuals which is approaching zero
Even if we could address spending which is admittedly out of control with a tax system which hides the true costs of government from the citizenry (which you have produced no plan to do BTW), that is hardly enough to address the range of economic problems that we face.
"The potential for abuse is far greater on the consumption end than on the income end."
Another unsupported assertion by an SQL, so it must be true, right?
"if somebody is spending less than the poverty level (which is basically everyone in poverty), they are making money on the "demogrant" (that's really what it is). And guess what happens if the tax rate goes up? Yup. They make more money while everyone else pay for it."
So the 12% living at or below the poverty level will exert more political pressure than the 88% living above it who would be hurt by the rate increase? Can you explain why such a small minority would have such disproportionate political power under the FairTax?
"Hmm, I wonder if illegal aliens and felons in prison get the 'prebate'?"
You just stumbled upon one of the benefits of the prebate. Illegals move from a tax preferenced position under the current system to a tax disadvantaged one under the FT.
"We currently have a rogue agency of the government (IRS) with the ability to destroy anyone it chooses at a whim"
"Pure hyperbole."
Oh, you are going to defend the IRS now? No wonder you insist on maintaining your anonymnity. That is a ridiculous position. You should Google IRS abuses sometime. I would imagine you would get quite a long thread to check out.
"Graetz wouldn't have been my choice to debate Boortz, but he does a pretty good job (once he stop talking about his idea, which is horrible)."
Ah, we agree on something. Graetz wants to have both an income tax and a sales tax ... which is the nightmare scenario for most people.
Sorry, bad choice of words.
Yes. I do.
"It's not condescension. It's concern. If you get what you want and it turns as bad as I think, I will have to labor under it, too."
And if you get what you want (a continuation of the current system), the reality that we all have to deal with will be much worse than what you fear from the FairTax.
Naw, actually a very apt choice ... all things considered.
What about any article at all on the Nightmare Tax? I can't seem to find any that even mentions it.That's because it's a creation of your's and your boyfriend piggie's fantasies.
This is what "Everything that keeps you alive on this Earth must be bought" means.
Look up "hydraulic empire" to see what kind of lock is possible only under a consumption tax. That type of lock isn't available on the income side.
The "basic fact" sentence means that the prebate is socialistic wealth distribution. This is what's currently bankrupting the national and state governments.
Any unfairness to old and poor is cited as remedied by the prebate, so the fairness of the NRST is based on the prebate.
And so,
-due to the increased revenue flowing to the national government from a
projected greater tax base
-the socialist nature of the NRST, that is, only socialist provisions can make it fair
the NRST will support socialist functions much longer than they would have lasted until bankruptcy.
No conflict that I can see.
So the 12% living at or below the poverty level will exert more political pressure than the 88% living above it who would be hurt by the rate increase? Can you explain why such a small minority would have such disproportionate political power under the FairTax?I'm sorry, I don't see where I stated that. Could you maybe point it out for me?
Oh, you are going to defend the IRS now?Say that the statement "We currently have a rogue agency of the government (IRS) with the ability to destroy anyone it chooses at a whim" is hyperbole is defending the IRS? Please. That was a ridiculous statement and is real indicitive of where you Fairies are coming from. Y'all are just a bunch of tax kooks.
My opinion is every bit as good as yours. See?
Yet you are saying I have a unsupported opinion? Until the bill gets into the reality of 280 million people, nobody knows. Every statement is an opinion?
The above must be true, yes. Do you argue against any of it?
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