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To: Hostage
You insinuate the FairTax is ‘too good to be true’ when no one in the movement has made that claim. In fact people will still pay taxes, that is a given. The differences are that the FairTax is a superior form of taxation in terms of American values.

When the FairTaxers make the claim that their tax will be revenue neutral, stimulate the economy to unprecedented levels, reign in government spending, increase paychecks while lowering prices, and claim we'll all have more money to spend; they are saying it too good to be true.

244 posted on 05/14/2007 10:07:30 AM PDT by lucysmom
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To: lucysmom
The truth is we don't know what the effects will be. But we do know the income tax is inimical to human freedom. The moral argument alone favors the Fair Tax.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

247 posted on 05/14/2007 10:15:23 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: lucysmom
Nope, no one in the Congress or in the FairTax movement ever said it is 'too good to be true'. It is ***you*** that say it because ***you*** have a lack of understanding of the facts. Let's go over your list of the facts put out by the FairTax sponsors and check them off one by one:

their tax will be revenue neutral

Yep. By design.

stimulate the economy to unprecedented levels

Yep. American manufacturing will be revived because of the simple fact that American goods will be more competitive around the globe. The FairTax eliminates corporate income tax but goods exported will not be subject to the FairTax NRST, thus companies will have a windfall to sell their products on the world markets.

reign in government spending

Yep. People will see the NRST in their purchases and K Street won't be able to bribe Congress as easily. These and many other facts will cause enormous pressure on Congress to shun tax increases.

increase paychecks

Yep. By design.

lowering prices

Yep. Companies will no longer pay taxes at every point in the supply chain. Commodities will be cheaper and this will propagate up the supply chain just as it does now. Commodities are those things that are so prevalent among so many suppliers that it is impossible to establish an oligarchy and fix pricing. When commodity prices fall, the retail product price falls. Happens everyday. This is nothing new.

we'll all have more money to spend

Yep. Follows from above 'increase paychecks'.

These are facts not fantasies.

Your only point is that people are going to be mad when they see the level of taxation come out from the shadows. But we're going to compel the embedded Income taxes to come out before then, just watch and stay tuned. As more and more people gain awareness of what they are paying now, they will gladly vote for the FairTax as an alternative because they will know the game is up on K Street.

And besides the FairTax will come about as a result of enormous demographic change that is happening now. And that is something you can do nothing about.

Enjoy your Income tax job while it lasts. Like I said you got less than six years.

252 posted on 05/14/2007 10:34:56 AM PDT by Hostage (Fred Thompson will be President.)
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