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To: Taxman

You write as though you are a Fairtax expert. Tell you what, why don’t you take my simple Fairtax true/false quiz. We both might learn something. To keep it simple, just list the numbers of those you believe are false. Cheers!!

(1) HR25 abolishes the IRS and the IRC.

(2) There are approximately 67,000 pages in the Internal Revenue Code and supporting Regulations.

(3) A sales tax inclusive rate of 23% would be revenue neutral.

(4) The after tax price of retail purchases will be about the same.

(5) The “prebate” is a tax refund paid in advance.

(6) Your dollars will purchase more under the Fairtax.

(7) You choose when and how much tax to pay.

(8) Everyone will be economically better off under the Fairtax.

(9) Interest bearing investment and debt instruments are not taxed.

(10) There is $10-$15 trillion of US owned assets in offshore accounts in order to avoid taxation.

(11) Buying “used” goods, (tax previously paid), eliminates the tax costs from the sales price.

(12) A national sales tax would have no impact on State and Local governments.

(13) The GDP will rise by around 10% in the first year of implementation.

(14) The Fairtax will save Social Security.

(15) The Fairtax is progressive.

(16) The Fairtax plan will insure that everyone pays their fair share of taxes.


78 posted on 04/16/2011 11:41:58 AM PDT by hbvg3
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To: hbvg3

I have no interest in any further discussion of the FairTax with you.

My mind is made up & so is yours.

Any “dialogue” between us will be a waste of time.

Pick up your toys and go play in another sandbox.


82 posted on 04/16/2011 1:56:29 PM PDT by Taxman (So that the beautiful pressure does not diminish!)
[ Post Reply | Private Reply | To 78 | View Replies ]

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