Posted on 01/15/2015 7:13:15 PM PST by 2ndDivisionVet
Ted Cruz - ON TARGET!
CRUZ
B U M P
We have to do it.
There is so much wrong with the “Fair Tax” starting with it's Orwellian name. there is nothing ‘fair’ about taxing 33% of everything you buy.
There is also the deceptive “tax inclusive” price- you get the final price- they don't show you the price, and then the price plus tax- like they do not with sales tax. Because people would FREAK OUT at buying a $99 item and having to fork over $130 for it.
In addition, the “tax-inclusive” rate at 27% is really closer to 33% when you use the normal way of calculating sales tax- it is deceptive lower.
You cannot calculate “tax inclusive” tax amount in your head. And I guarantee they won't break it out for you on the receipt. (see two paragraphs back)
and last but NOT least- The “pre-bates” in the fair tax are the main killer for me.
Every politician in the world will be scrambling to promise a bigger and bigger pre-bate, every election.
The flat tax's beauty is its simplicity.
Your tax form would be two lines:
1) how much did you make
2) send us 10% of that.
no deductions, no special interest groups favored with tax breaks, everyone pays the exact same rate. Let's see the libtards TRY to say its unfair that someone who makes 10 times as much as you pays 10 times as much tax (and not 100 times)
IMHO, the number one reason the “Fair Tax” will never be implemented: you cannot explain it in an understandable way to LIVs in less than 30 seconds. Any more time than and they’ll lose interest. Such is America today. They’ll really loose attention when You explain the pre-bate.
The “Flat Tax,” on the other hand is super simple and can be explained in less than 15 seconds. To borrow from Mr. K in reply number 44:
1) how much did you make
2) send us 10% of that.
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