Your understanding is not good. Your opinion that your understanding is good indicates you not allowing youself to be persuaded by facts. You are a typical case of a closed mind.
The mystery is why do you bother to post on message boards if you have already decided you understand everything even though you don’t. The bottomline is that every year the FairTax is gathering more support and signing up more sponsors in Congress. It is only a matter of time before it is passed. Fight that as you will you will not stop what a majority of Americans will embrace. They have concerns now but they are not opposed to the need of the FairTax. The concerns will be settled by education, awareness and acceptance.
You were told the FairTax NRST will be financed in new home sales as part of the mortgage and that the increase in monthly payments will be more than made up with an increase in pay. You responded it makes no difference. That puts you into a bizarre frame of logic. It’s no longer possible to communicate with you because if someone mentions to you that you can replace something you use with something better and cheaper then you are going to say “it doesn’t matter”. Reminds me of my late aunt and her old car. She paid more every year in maintenance that it would cost her to buy a late model safer and more comfortable pre-owned car with a warranty. After she died her car was not even accepted by a salvage yard. We had to pay to have it towed and scrapped.
One part that all of the fairtax haters seem to miss is the
“secure in our persons and papers”
by not having to, under penalty of perjury, disclose the private information of our income and charity giving.
They have been saying that since 1999 on this forum. With the Dems in control of congress, the chances went from slim to none.
No it indicates I have debated this issue 1000 times over for over 8 years and to suggest I don't understand the issue is great ignorance on your part. I have examined all facts from every angle and crunched more numbers than you can imagine. I know and understand your arguments better than you do. I also know and understand their faults, unlike you.
That is one of the unadvertized problems with the FairTax - it taxes what one buys, not income one has. A buyer must pay the 30% when he makes a purchase, and if he finances his purchase, he pays interest on what he borrows to pay the additional tax. Further, when "entire paycheck" remains undefined we can not assume an increase in take home pay or what that increase will be or whether or not the additional sales tax will be more than made up for by an increase in pay.
You were told the FairTax NRST will be financed in new home sales as part of the mortgage and that the increase in monthly payments will be more than made up with an increase in payPost a quote or a link to the part of the Fairtax law (HR25) that dictates any changes in pay.
Let's eliminate the fantasies and stay with what we know and is in black and white...