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Fair Tax Act Needs Passage Right Away
Daily Herald ^ | October 5, 2007 | Peter G. Malone

Posted on 10/09/2007 5:27:15 AM PDT by Man50D

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1 posted on 10/09/2007 5:27:16 AM PDT by Man50D
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To: ancient_geezer; Taxman; pigdog; Principled; EternalVigilance; PhilWill; kevkrom; n-tres-ted; ...

Fair Tax ping!


2 posted on 10/09/2007 5:27:44 AM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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To: Man50D; xcamel

Aw geez! not this $#!^ again!


3 posted on 10/09/2007 5:29:59 AM PDT by camle (keep your mind open and somebody will fill it full of something for you)
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To: Man50D
Fair Tax Act Needs Passage Right Away

A M E N ! ! !

The sooner the better!

4 posted on 10/09/2007 5:33:46 AM PDT by Bigun (IRS sucks @getridof it.com)
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To: Man50D
Net retail prices paid would be about the same.

The article was pretty good until they had to throw that whopper in.

5 posted on 10/09/2007 5:39:20 AM PDT by Always Right
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To: Man50D

Then get to work and pass it


6 posted on 10/09/2007 5:43:53 AM PDT by tiger-one (The night has a thousand eyes)
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To: Man50D

are you paid to keep pushing this swill?

anybody who thinks that this is going to look anything like the proposal by the time it gets throuigh is going to be surprised when the net gain is zero.

you’re creating a frankenstein’s monster by volunteering another pocket for the politicians to pick.

and if you think that congress is going to reliminate the IRS, I have a bridge to sell you cheap.


7 posted on 10/09/2007 5:47:48 AM PDT by camle (keep your mind open and somebody will fill it full of something for you)
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To: Man50D

Good luck!

You think these bozo’s in Washington are gonna give up a good thing?


8 posted on 10/09/2007 5:55:31 AM PDT by servantboy777
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To: All

Not just NO!

NO WAY!

and H*LL NO!

No to the creation of a national sales tax!

NO to the creation of a NEW ENTITLEMENT PROGRAM with the absurd prebate!

NO to the creation of new and MORE intrusive government paperwork in private business!

NO to the COMPLETE DESTRUCTION OF RETIREMENT PLANNING! This would be a NEW TAX on seniors who have tax exempt income!

The Fair Tax is a scam and snake oil.

The current system is bad but passing this abomination is far far far worse.


9 posted on 10/09/2007 5:58:19 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: longtermmemmory

Get a grip - seniors pay taxes now.

Capital gains taxes, taxes on pensions, taxes on SS income.


10 posted on 10/09/2007 6:02:12 AM PDT by cinives (On some planets what I do is considered normal.)
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To: All

the reason fairtax scammers are pushing to do this fast is because the truth about this insanity is commeing out.

Reading the Fair Sales Tax scam exposes all the lies told by the supporters.

This is just a path to new entitlements and does NOTHING for the parade of lobbyists who will petition for loopholes, same as today.

The same methods used to avoid the old luxury tax SHALL be used to avoid this BS. Straw sales, offshore corporations, and manipulation will be done because it has been done.

The same methods that avoid sales taxes on private boats will be applied to this inanity.


11 posted on 10/09/2007 6:02:58 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: longtermmemmory
The Fair Tax is a scam and snake oil.

How is it a scam? Though I guess if you live in the lap of luxury and don't pay income taxes thing are going to get somewhat more expensive.

12 posted on 10/09/2007 6:03:46 AM PDT by Realism (Some believe that the facts-of-life are open to debate.....)
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To: longtermmemmory

I agree. I seem to recall another tax experiment a few years ago called the luxury tax. This was a pseudo sales tax upon items only the super rich could afford, like yachts, etc..

Seems the super rich either delayed purchasing their yachts, or bought them overseas and kept them there, and weren;t inconvenienced at all.

the entire domestic boat building industry disappeared though - and the only people hurt were those employed therein.

motivations aside, when you price things out of people’s reach, demand dries up, and people find alternatives. then whole industries die, thousands out of work, huge demands upon the social safety net that require more taxes, and you have a vicious cycle right out of “Atlas Shrugged” almost.

this proposal would artificially raise prices on manufactured goods, consumers might take home a bit more money, unless (as is likely) the government keeps the income tax, but the huge spoike in prices of goods will more than offset.

a little more thinking and a little less dreaming and you’ll find that reality doesn’t always move in desired or even predictable paths. this proposal is somebody’s pipe dream and I hope they feel good about it as it saps the economy into a depression that would make the last one seem like a cake walk.


13 posted on 10/09/2007 6:05:45 AM PDT by camle (keep your mind open and somebody will fill it full of something for you)
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To: cinives

you are incorrect for those who have planned.

Some of a retirement portfolio MIGHT be taxed but under the fair sales tax scam ALL will be taxed.

Consider that ROTH IRA’s which are to be no tax on the money comming out WILL then be taxed TWICE with the money in and out.

Don’t forget the class envy game that will happen with prebate games. Democrats are guaranteed to say “rich people” (which they define as a family earnign more than 80k) should not get the prebate at all. [for the children]


14 posted on 10/09/2007 6:07:30 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Always Right
Federal taxes and associated compliance costs comprise an average of 25.9 percent of prices of our goods and services.
Not to mention that whopper
15 posted on 10/09/2007 6:07:40 AM PDT by lewislynn (What does the global warming movement and the Fairtax movement have in common? Disinformation)
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To: Man50D

Thanks for the ping. The movement is gathering support from all ends of the political spectrum. Young people are definitely onboard.

The naysayers are losing their credibility by insisting people hold onto the Income tax monstrosity that presently exists.

The only significant opposition to HR 25 is in the more than half of the 53,000 lobbyists that are paid to game the present tax code inside the beltway.

And there is a growing backlash against K-Street within powerful insider circles.

Democrats are starting to get heat from their constituents to support H.R. 25 / S. 1025. They have begun to join the movement.


16 posted on 10/09/2007 6:12:34 AM PDT by Hostage (Fred Thompson will be President.)
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To: Hostage

Horsepoop.

I have already called my representatives and senators on this abomination.

There is no way a prebate entitlement program is going to pass. It is essentially minimum wage without the need for working. If you don’t think so you might as well say social security is only a retirement supplement.


17 posted on 10/09/2007 6:14:50 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: All

interesting to note c-span just reported Senator Rangle is putting out his tax package today and this Fair SCAM Tax propaganda pops up.


18 posted on 10/09/2007 6:16:21 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Always Right

The fact that YOU cannot get your mind wrapped around something does not make it untrue.


19 posted on 10/09/2007 6:17:34 AM PDT by Bigun (IRS sucks @getridof it.com)
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To: Hostage

nobody I know of is insisting on keeping the IRS. we don’t like it any better than you do. we just know that your scheme is worse, adn has the potential to cause great havoc.

why do you always go polar by treating people who disagree with your agenda as in favor of the IRS?

Why do you paint your opposition as being in bed with the IRS and as being filthy rich, or having a vested interest in the current system?

Sounds like the Clinton machine calling Paula Jones “Trailer park trash”.

why? is it your way or the highway?


20 posted on 10/09/2007 6:18:22 AM PDT by camle (keep your mind open and somebody will fill it full of something for you)
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