I hazard to guess his vested interest in the present tax system -- tax accountant? tax lawyer? bureaucrat? sells tax avoidance information? He claims to have talked to a lot of people about the NRST and "all by [sic] one were horrified". How many of them have yet to understand that the reason they were likely horrified was not because of the NRST but rather, because of William Terrell's ignorance or intent to deceive them. Oh well, it's not my or your credibility on the line.
No, actually old son, I'm the owner of a manufacturing outfit in my home state that sews high quality fabrics into shapes stuffed with polystyrene beads. I sell to retail stores. I have been in that business for a year and am doing right well. I intend to stay in it, certainly will be in it when if an NRST rools around. I wouldn't be affected by the NRST.
However, I would have to raise my prices to be able to aford what I'm used to buying with a 30% NRST. I guess you would say that could motivate me.
But mostly I'm motivated by how incredibly stupid it is for a free society to figure that the frying pan is hotter than the fire.
Do you not understand that social control is a hell of a lot easier when the grip is on the consumption side. Have you ever heard of a Hydrolic Empire? There's some references to it on the web. It'll hold your attention.
However, I would have to raise my prices to be able to aford what I'm used to buying with a 30% NRST.
That is certainly true of those who avoid the payment of individual taxes under todays income/payroll tax system. Obviously there are folks some folks out there who manage to spend quite abit with no report of taxed earnings at all. And you have at times claimed to be among them.
Of course you don't take into account how the federal tax system is embedded into the cost of goods and services in such a way as to assure you pay federal taxes to a degree greater than the NRST provides, which by no means hits one with an effective tax rate greater than 23% of gross expenditure for anyone.
On the other hand, the income/payroll tax system assures that everyone pays at least that through their expenditure:
DO YOU PAY YOUR INCOME TAX
AT THE SUPERMARKET?
by D. Sherman Cox J.D. L.L.M. Taxation
The full impact of the federal tax system(taxes in gross wage/salaries & other compensation + business income/payroll taxes) added onto the base(taxfree) price of retail consumption goods and services is 36% for federal taxes alone.
All wages and the taxes on them are paid for out of sales receipts to business,(i.e. consumption expenditure).
Federal tax revenues collected as % added on the base tax free cost of goods = fed/(1-state-fed-savings) =
23.5/(1-.235-0.102-0.012) = 36.09%
Enjoy your supposed taxless existence Terrell. And the Feds have a bridge to sell yah.
I think I would rather pay the NRST's 29.87% added onto the base tax free cost of goods myself, even if the NRST did not compensate all legal residents with the Family Consumption Allowence each month.
How is it would you find it necessary to raise prices, when business is not taxed for that which is necessary to the conduct of their business under the NRST.
Terrell, the following linked BLS Data shows shows some interesting results by gross income classes.
Income | less than $5,000 |
5,000 to 9,999 |
10,000 to 14,999 |
15,000 to 19,999 |
20,000 to 29,999 |
30,000 to 39,999 |
40,000 to 49,999 |
50,000 to 59,999 |
greater than 60,000 |
|
Expenditure | 17,946 | 15,703 | 21,199 | 24,331 | 29,852 | 35,609 | 42,323 | 49,245 | 75,964 | |
Gross Income | 1,942 | 7,192 | 12,245 | 17,070 | 23,666 | 32,720 | 41,498 | 54,432 | 102,578 |
Care to Tell us just which Income bracket you say you are in that allows you to spend without substantive income/payroll taxation?
Living off your capital perhaps, or is it undeclared earnings? Some I am sure are interested in how you manage to pay a lower tax rate than the NRST would provide:
http://www.freerepublic.com/forum/a388d0748789d.htm
Absolute, positive proof that you haven't the FAINTEST clue what's in H.R.2525 William...but we KNEW that didn't we?
Do you not understand that social control is a hell of a lot easier when the grip is on the consumption side. Have you ever heard of a Hydrolic Empire? There's some references to it on the web. It'll hold your attention.
Such is your hyperbole. As it is now it's a no choice "gun to the head" pay the income tax and hidden taxes and fees built into products and services. That's government control over citizens by threat of force on the production side and certainly is not freedom. Whereas with the NRST "if you don't want to pay the tax then don't buy the item." That's free choice. ...Keeping in mind that when you buy necessities the tax you pay on those purchases is covered by the "prebate" (rebate) check the government sends you each month.
That's all you get, for as I've already said to you a few times on this thread: "I have no need or desire to educate "heathens". That you don't want to educate yourself fine -- so be it." 678