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.
Get a grip - seniors pay taxes now.
Capital gains taxes, taxes on pensions, taxes on SS income.
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.
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.
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.
yeah without a prebate there is no way this could sell. A sales tax only works if the rate is very very small
Keep spouting your mantra.
an ENTITLEMENT PROGRAM means special breaks for people of different catagories - usually calibrated on one's income.
The prebate goes to each and everyone regardless of income as a tax cushion to absorb the sales tax for the first 20K or so, dependent ONLY on the number of people in the household.(except the illegals - they don't get the tax buffer...sounds good to me. The millions of illegals will finally be paying taxes and at a greater rate than the rest of us)
But I suspicion you know this - I suspicion you either have a vested interest in keeping the behemoth IRS choke collar around our necks or you're simply - or deliberately? - obtuse.
That rebate would amount to a huge wealth transfer unless it is capped to the amount of taxes actually paid by the individual recipient. But if that were the case, then you’d need an IRS to file your sales tax forms to to claim your rebate.
The rebate alone is a poison pill. Couldn’t possibly support that. I can’t have the drugged out panhandlers around here who I daily choose not to give money to, suddenly getting $30K/year on my back.
Just Say No to Ignorance http://Fairtax.org
Yes Way
Hell Yes
Hell Yes -Ending secret entitlement program of embedded tax to the government.
Hell Yes - Free Freedom from Social Security
Yes - Retirement Plans are put on Steroids
Retirees love the prepate and the fact they have already made all the major purchase in their lives and can now live tax free for the rest of their lives and pass their wealth on to the next generation.
Fairtax covers new snake oil
Only a complete idiot believes the current system is better than Fairtax.