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To: robertpaulsen

Here is where you show how disingenuous you are.

The tax base is changing from income to consumption.

Not everyone has an income. Everyone consumes.

Tourists, pimps, prostitutes, drug dealers, the idle rich, and everyone else who isn't paying an income tax today will pay a consumption tax..


98 posted on 04/23/2006 5:35:41 PM PDT by Badray
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To: Badray
"Tourists, pimps, prostitutes, drug dealers, the idle rich, and everyone else who isn't paying an income tax today will pay a consumption tax."

The biggest lie of them all.

First of all, you're going to exempt tens of millions of "taxpayers" with the monthly federal stipend. Plus, everyone is now part of the new welfare class and beholden to the federal government -- say goodby to privacy if you want your monthly "prebate" check. Think it will be a Katrina-type debit card?

Second, anyone breaking the law today and not paying income taxes will find a way not to pay the fair tax. Please. That's what they do.

One way (for anyone) is to simply incorporate their business -- the prostitute is now a "consultant", and the clothes, the car, the "home office", she buys are now untaxed business expenses. I see an explosive growth in Sub Chapter S corporations.

Third, a 30% Fair Tax coupled with a 3% State Income Tax, coupled with a 7% State Sales Tax, coupled with a 10% City Sales Tax invites cheating. Half the cost of a product is tax! Plus I still have to pay property taxes!

Forget about the prostitutes and drug dealers. You're going to bring back the barter system, especially in the sevice sector -- the dentist gets a new roof and the roofer gets some dental work. With the IRS gone (right?), who's going to check on these things?

Fourth, any money I currently have in savings is now worth 30% less. Thanks.

Fifth, who's going to buy new products? Expect a surge in tax-free "used" products, whether they're used or not.

Lastly, as a result of all the above, federal income will fall far below expected levels resulting in ... an even higher Fair Tax.

99 posted on 04/24/2006 9:45:40 AM PDT by robertpaulsen
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