Posted on 09/20/2006 10:32:34 AM PDT by tpaine
Oh, so you don't like people to disagree with your claims is that it? You just say something and we are all expected to nod? I don't agree with your points and I explained why. That's the way it is supposed to work.
The $429 billion is amply covered by the 23% tax inclusive rate in any event and is not an added-on amount.Where did you get the $429 billion amount. I bet if you check the same source you would see that the 23% rate doesn't cover everything.
Whatever.
I'll yank your chain later.
Doesn't Prop 13 also violate the equal protection clause? Why should some guy who has owned his house (of equal value to mine) 20 years longer than me pay less than 1/4th the property taxes?
Because the house is valued [for tax purposes] based on what the owner paid for it.. -- 20 years from now, you too will appreciate that point.
If we let the State set that value, -- the sky becomes the limit.
The true un-'equality' comes when that owner - if a corporation, - never dies or never sells.
And a number of posters have also explained why your ideas are mere fluff!! That, also is how it's supposed to work.
But clearly $429 billion os much less than the $600 billion the Tax Panel dredged up out of nowhere.
Why don't you give us your version then of a fair and consumption-based tax?I don't write tax laws but common sense tells me when I'm being lied to. 40 some states use sales taxes but for some reason you think -I- should come up with a new plan?
The Fairtax sales pitches from "the grass roots" are filled with lies.
You can start with the "sales tax rate" which isn't a sales tax rate by any standard nor is it used "to compare to the income tax"...It's a "grass roots" lie. The rate is written that way for the business. The business that would be required to collect and remit the tax...It has no direct relation whatsoever with the consumer.
If you want to know why the Fairtax is failing, aside from being a flawed plan, look in a mirror.
Thank god everyone doesn't listen to you whiney naysayers.
How much would you like to bet??? Actually,if anything the $429 billion sounds high, if anything. Most probably it's even lower that that.What's the source?
How can they tax stuff you OWN?... Answer; they can't..
The american public is in gross denial..
How can they tax stuff you OWN?... Answer; they can't..Actually they can and probaly would. One of the ways is what they call a tax on imputed rent where you would have to pay a "sales tax" on the rental value of your own home.
Just because you haven't thought of a way doesn't mean it can't be done...There are people who lay awake at night figuring out ways to get your money...both legal and illegal.
Using your definition then, Social Security is not an entitlement program because those that receive payments from the system have paid money into the system. Its a rebate, right?
Except when taxes haven't been paid, then its a grant.
But perhaps you'd like to argue that no one will purchase anything taxable under the FairTax. Would you like to argue that???
Just out of curiosity, if the FairTax bill did pass, would you rush out to buy a plasma TV before it took effect, or would you wait so you could purchase the TV with the tax added?
What's the source of the reputed $600 billion???
I am confident that we will discover just how creative and resourceful people can be to avoid paying the FairTax; and then we'll discover how creative politicians can be writing bills to restrain avoidance.
I doubt that S/S would qualify in the same way since there's no return of part of the payment in any direct way- and if then only many years later (or not at all) while the prebate is readily returned to the taxpayer. In addition, the S/S is conditioned upon wage income rather than any sort of tax payment - it's taken from the earner without recourse and not truly "paid by the taxpayer" as a tax. And not every taxpayer gets S/S - or has his income confiscated for it.
I've never seen any description of S/S calling it a rebate at all, but there is plenty of information that rightfully calls it an entitlement. The income tax amounts that some obtain on April 15 could be called a rebate, but if you can find a source calling S/S a rebate, I'd like to see it. So I very much disagree with your notion. In addition, it's a definition of the dictionary, not "mine".
Regardless of that, that's not what the thread is about in any event nor is whatever S/S might or might not be at all relevant to the FairTax but merely an attempted diversion..
And then again, why would this be relevant to the FairTax? The prebate has nothing to do with the taxes paid by the taxpayer, but strictly has to do with family size.
Did you not know that???
What's the source of the reputed $600 billion???I don't know. You said it was the Tax Panel. So what was the source of the $429 billion?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.