You wrote:
You've been stomping for this bonehead idea for years. How much do you make a year, Principled? If you eleminated your fed and FICA how much would that offset the purchases you normally make during that same period. If you make high pay, then you're ok; if you make low pay then you're screwed, unless you fill out government forms monthly. Or if you're older and living on your retirement, you're screwed, unless you fill out the same forms as often.
After the NRST has been in effect for a couple years, how many people will end up filling that paperwork? Hummm? And what kind of watchdog organization will have to exeist to enforce honesty in those new returns? Would it be something like an organization that it is claimed to have been eliminated, the acronym for which started with an "I" and ended with an "S"? Hummmm?
William, there's an old (but true) saying that came to mind when I read the above garbage/inaccuracies you wrote to Principled... to wit:
"'Tis often better to remain silent and be thought
a fool than to speak and remove all doubt!"
Clearly, you know not whereof you speaketh! There are no monthly forms for individuals to fill-out. Nor, is there any 'watchdog' organization such as the IRS that besieges individual taxpayers.
Have you never read the FairTax plan (HR 2525)?
1. Once a year, you indicate on a form how many are in your household. PERIOD! That's it.
Visit Family Consumption Allowance!
2. No "IRS type" organization will exist that 'audits' or 'besieges' individual taxpayers. Got it? NONE!
You pay the FairTax at the Cash Register in the form of a Sales Tax when you make a Retail Purchase. That's not so difficult to understand, is it?
Here's a couple of websites where you can get up-to-date on the Fair Tax (HR 2525): FairTax Facts! ...and... Americans For Fair Taxation!"
Have a look at my Home Page... Cliff's Page! Say, Bill, I'm way down on the income scale. Trade ya' income, sight-unseen. C'mon, I'd like a raise! :-)
Have a nice day!
Cliff Cofer - State Director, AFFT Iowa Volunteer Team
* * * Bye, bye... Income Tax (and IRS)! We won't miss ya' at all! * * *
There are no monthly forms for individuals to fill-out. Nor, is there any 'watchdog' organization such as the IRS that besieges individual taxpayers. Sure there is, if you want the bite of a 30% (or higher) NRST reduced you fill out governemnt forms.
My analysis of Chapter 3, section 301.
The rebate may be claimed by sending a form to the government (IRS) consisting the names of the members, their social security numbers, the family member the check will be made out to, certification of citizenship for each member, certification of completeness of list of members, certification that no member were incarcerated as of date and the address, signed under penalties of perjury by all of-age members. Filing for a rebate is not necessary, unless you want the rebate.
For filing a false rebate form you face criminal indictment. For a mistaken or wrong rebate form you face civil penalties. These are covered by Section 505.
Notice the last paragraph. What kind of organization would be necessary to do this?
Like the forms retail businesses must send in, it will be sone monthly. If it is done yearly, how will that help?
No IRS?
My analysis of Chapter 4, section 401.
States who have a sales tax and sign an agreement with the feds will collect and remit the government's position, other wise a federal agency will do it directly (Section 404), as it will if the state breaches the agreement in a number of ways. See the section itself for details.
Further analysis of Chapter 3, section 301.
Each family, living in the same residence, composed of individual, spouses, and other direct relatives who have social security numbers, and are citizens can claim a rebate on taxes paid for a month (Section 302 and 305) of the current tax rate x the poverty rate (Section 303) determined by the Department of Health and Human Services. Section 302, 303 and 305 are complex with many inclusions and exceptions requiring administration and oversight.
What kind of organization will be needed to administrate the process?
If you have a problem with my analysis, post specifically where I read the actual wording of the bill wrong and how it is wrong.
