We have an income tax system now, which is able to generate the obscene amount of revenue that the government needs to be able to meet its Constitutional needs, as well as to write checks to millions of government workers doing things that are not the role of federal government, as well as many other people who get checks every month for various other un-Constitutional reasons.
The FairTax in my opinion, which I have described in detail throughout many threads, will not be able to generate this amount of revenue and will need to be much higher than advertised. This loss of revenue will cause panic, and the politicians will have to fall back on something that they know works to collect the revenue to keep the old people and orphans from starving and to ensure the Assistant Undersecratary for Feminine Napkin Procurement and his family are able to get their paycheck.
Where will they go to when they need the revenue and they can’t raise the FairTax any more because it will cause more evasion? It is obvious, they will go after an emergency surtax on the incomes of the evil RICH people that make more than $50k or $80k, they can afford it and there is more of us’ns than there are of them. ENTER the income tax again.
It is entirely predictable.
The reason it comes up at all on FairTax threads is as the end game for the failure of the FairTax to generate the revenue. The other possibility that could make the FairTax work would be a police state with obscene levels of government intrusion into every facet of consumption.
"Generally what they want to debate is something like a 40% VAT on top of the existing income tax."
You have no idea what you are talking about. How long have you been posting to FairTax threads? I have never seen the discussion you are describing on a single one.What is discussed on these threads is the merits and demerits of the FairTax plan, as well as other possible solutions to our tax and spending problems.
And your "pro-IRS" gratuitous snark is a common one which is not based on anything except a lack of substantive argument on the part of FairTax cult members. So, you resort to cheap parlor tricks.
The FairTax in my opinion, which I have described in detail throughout many threads, will not be able to generate this amount of revenue and will need to be much higher than advertised. This loss of revenue will cause panic, and the politicians will have to fall back on something that they know works to collect the revenue to keep the old people and orphans from starving and to ensure the Assistant Undersecratary for Feminine Napkin Procurement and his family are able to get their paycheck.Where will they go to when they need the revenue and they can’t raise the FairTax any more because it will cause more evasion? It is obvious, they will go after an emergency surtax on the incomes of the evil RICH people that make more than $50k or $80k, they can afford it and there is more of us’ns than there are of them. ENTER the income tax again.
It is entirely predictable.
The reason it comes up at all on FairTax threads is as the end game for the failure of the FairTax to generate the revenue. The other possibility that could make the FairTax work would be a police state with obscene levels of government intrusion into every facet of consumption.