Replies

It’s a sales tax! I’m sure you’d like to see a sales tax of 25 percent like you see VAT taxes in Denmark! That’s really fair in my book. How about yours? That’ll really encourage people to get out there and spend, spend, spend!

How about we simply cut wasteful, government spending first and go back to a simple flat tax of say 5 or 10% for all individuals and all business? IIRC, Russia has a flat tax of 10 or so percent which has proven to be a real winner in encouraging people to create wealth.

Show me how a ‘fair’ tax is going to make the IRS go away. Does the fair tax fairy make the IRS go >POOF!<? I haven’t seen any fair taxers show me how that is going to happen.

The IRS will never go away. They are a most recalcitrant group of thugs who believe we the citizens have never paid enough and will never pay enough taxes to satisfy their hunger.

It’s a sales tax!

You're right! I posted that claim in reply #7 but it is not a VAT!

I’m sure you’d like to see a sales tax of 25 percent like you see VAT taxes in Denmark!

You either have a short memory or don't read my posts at all. Again, read my reply #7. The Fair Tax will replace all federal income taxes. It will not be imposed in addition to the federal income tax as would a VAT. The Rate will be 23%.

How about we simply cut wasteful, government spending first and go back to a simple flat tax of say 5 or 10% for all individuals and all business?

Where is it written you can't do both concurrently? What part of another flat income tax will evolve back into what we have today just as our present income tax code has done over the last 97 years? It will happen faster due the thousands of lobbyists today that didn't exist in 1913 and keep the IRS with its abusive court system. What part of my previous explanation another flat income tax will still maintain the abusive IRS and its court system did you not understand?

Show me how a ‘fair’ tax is going to make the IRS go away.

You could easily do that yourself by simply reading the bill but instead you pretend to either play ignorant or are in a deep state of denial I already made this point to you. Per the Bill:

SEC. 301. PHASE-OUT OF ADMINISTRATION OF REPEALED FEDERAL TAXES.

(a) Appropriations- Appropriations for any expenses of the Internal Revenue Service including processing tax returns for years prior to the repeal of the taxes repealed by title I of this Act, revenue accounting, management, transfer of payroll and wage data to the Social Security Administration for years after fiscal year 2013 shall not be authorized.

There will be a much smaller Sales Tax Bureau. The STB will not be going after individuals because they will pay the tax at the point of sale! There will no longer be an agency breathing down anyone's neck threatening them with fines, penalties and demanding they appear before a tax court!

The nrst guarantees nothing - it’s only a law.

The law includes defunding the IRS. The law includes the destruction of all existing income tax records [save the records of individuals delinquent at changeover.] The law erases from existence the income tax code.

I think that’s heading in the right direction.

It’s a sales tax! I’m sure you’d like to see a sales tax of 25 percent like you see VAT taxes in Denmark!

The Fair Tax rate is actually steeper; it's 29.87% when stated in the same manner as virtually all sales taxes are (what is often called the "exclusive" rate.)

That is, if you buy a watch that is priced $100, you give the clerk $129.87 in total. (There's a long discussion here about the Fair Tax.)