Posted on 06/25/2014 3:31:33 PM PDT by PoloSec
I would support repeal of the 16th amendment
and replacing it with a national retail sales tax
(not the “fair tax” and not the “flat tax”)
that would be collected by the states on all retail sales and services.
Why don’t I like the “fair tax”?
because of all the fall-de-rall around the “prebate”.
Why don’t I like the flat tax?
Because the federal government would still would have to keep up with
individual citizens and their income and the IRS would still be required.
This is the time to do it. If not now...when?
Well, FairTaxers, what say you to this “out of left field” and totally unexpected turn of events?
We all know that the ONLY way to abolish the IRS is to replace the income tax with the FairTax!
Did the Republicans just now get the memo?
Has our time come, at last?
Has someone finally convinced the Pubbies that FairTax is a winning issue?
Let us push them along!
Flat tax does not abolish the IRS!
FairTax does.
Please don’t let the prebate be a show stopper for you — FairTax with prebate is better than ANY income tax!
“FairTax is hideous”?
I’d suggest that ANY income tax is far more hideous!
You trash the FairTax without having a full understanding of its features and benefits.
Explain “hideous” if you will, please.
Then we can have a debate on the substance and not the symbolism.
Absolute BS, and you know it!
I've NO confidence in ANYTHING this guy says....
ANY and EVERY income tax, whether “flat” or “progressive” requires an enforcement bureaucracy, because people will invariably try to minimize their tax burden.
FairTax will be administered by the state sales tax agencies, and requires only minimum federal oversight.
The average American citizen would never have to deal with a tax agent again under FairTax.
“... FairTax with prebate is better than ANY income tax! ...”
-
I agree,
but a national sales tax with none of the prebate BS would be even better.
1. 30,000 tax lobbyists--HALF the lobbyists in Washington, DC--fighting for every scrap of a tax loophole. And you get political corruption on a huge scale over this.
2. The result is a tax code over 74,000 pages long so complex that it makes James Joyce's Finnegans Wake almost easy to read in comparison. Even the IRS can't figure out much of the tax code!
3. The sheer complexity means exorbitant yearly compliance costs, estimated by some economists to soon approach US$500 BILLION per year (and climbing fast in each subsequent year, especially with the imposition of Obamacare mandates through the tax code).
4. It also encourages the outsourcing of millions of jobs, thousands of factories, and hundreds of corporate headquarters for tax avoidance reasons. Care to explain why Apple manufactures its products in China, and why Google has to used that highly-complex and expensive Double Irish with Dutch Sandwich accounting scheme to lower its tax bill?
5. It results in (by some estimates) around US$15 TRILLION in American-owned liquid assets sitting in offshore financial centers and other foreign banks for tax avoidance reasons (care to explain all those "banks" in the Cayman Islands, Bahamas, British Virgin Islands, and so on? Or why Apple has 70% of its US$100+ billion liquid asset reserve outside the USA?).
6. Government uses the tax code as a political instrument to favor or punish political constituencies as little as ONE taxpaying entity. The recent scandal using the IRS to target conservative 501(c)(3) and 501(c)(4) groups is clear proof of this.
7. Because the IRS needs to know intimate details of personal and business financial records in tax return filings, there are potentially serious issues with invasion of privacy. Care to explain why former Presidential candidate Mitt Romney's private tax returns ended up in the offices of Senator Harry Reid (D-NV)?
8. The IRS assumes you're guilty of tax evasion, and you end up having less rights than most common criminals!
This is why we need radical solutions like this:
“Fair Tax” “Patriot Act” “Patient Protection Affordable Care Act”
These are names that lie.
The whole discussion is moot...if we actually had a gov’t that FOLLOWED THE CONSTITUTION.
Your point is the ONLY con re: ‘Fair Tax’ in my book; otherwise is it the best of them all
1) people to biz to State to Fed - no trace, no hounding, no IRS B.S.
2) completely VOLUNTARY (unlike the ‘Flat Tax’). Grow/make your own/barter/etc. = no tax
Couple that w/ a distributed ‘bill’ from the Fed to the State (State pays its ‘share’ of the budget) and you WATCH The People keep a keen eye on what is spent, how much is wasted on who/what/where
The FairTax is brilliant and gives freedom of choice of when to pay federal tax.
You say the Flat Tax can start at the poverty line too. You’ve just created an exemption and you can be assured there will be thousands upon thousands of exemptions and credits to follow because that’s how lobbyists make their money. And all this is made possible by the 16th amendment which must continue in place in order to support the Flat Tax or any income tax.
But under the FairTax the 16th will be repealed and then tax law must be uniform.
Thanks for the ping; thread. HOORAY Reince Priebus! The IR$ GE$TAPO must go. Imprison these criminals.
He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance.
Free the citizens and children of the republic from economic enslavement.
DEPOPULATE socialists from the body politic. DISMANTLE their “Offices”.
Wish I had a pic of Artie Johnson...when he said that on Laugh In.
The rebate or prebate is a tax break, a tax exemption for initial spending.
I want the rebate to be as large as possible so that my taxes are lower.
The rebate is one of the most brilliant parts of the FairTax code because we can always pressure our representatives to up the rebate and lower the NRST. These can be coordinated to limit government and cut spending.
The rebate also demolishes the historical Marxist ‘DISPROPORTIONATE BURDEN’ argument that undrrlies the income tax and is still used today by progressives and socialists.
What leads you to believe that “pressuring our representatives to up the rebate and lower the NRST” would have any more effect than pressuring our representatives to control spending and cut taxes, has we have done for decades?
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