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Lacarnut
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« Reply #30 on: March 09, 2010, 03:17:30 pm » |
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The FAIRtax plan I read is nothing but a stupid gimmick that does not cut taxes, its still progressive, your still giving money to people who paid nothing in and your still giving money to the government that you don't need to for a "pre-bate".
It's a ridiculous sham if thats the FAIRtax your talking about. Its like rearranging the deck chairs on the Titanic and renaming the ship, in an attempt to save it from sinking.
I can already see the Democrats promising to double or triple the "prebate" in a campaign and saying "we're more generous than the Republicans".
I don't like the idea of a fair tax either because anytime the government states that we are going to eliminate or decrease taxes in one area and increase or start up a new plan in another you better hold onto to your wallet cause you are fixing to get rear ended. Prebate is also a dumb idea.
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Texacon
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« Reply #31 on: March 09, 2010, 04:03:46 pm » |
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I don't like the idea of a fair tax either because anytime the government states that we are going to eliminate or decrease taxes in one area and increase or start up a new plan in another you better hold onto to your wallet cause you are fixing to get rear ended. Prebate is also a dumb idea.
The FairTax is predicated upon repeal of the income tax. If the income tax is not repealed then the FairTax can't take effect. Prebate is there for everyone. It has to be there to emulate the tax system we have right now. The FairTax is not to reduce/cut taxes but to be an easier more effective way to collect said tax. Not only for those of us who actually PAY taxes but for those who skirt taxes and get a free ride. Think about it. How many hookers, drug dealers, welfare queens, etc ... would now become tax paying citizens? Tired of seeing these folks get a free ride? Got a better idea of how to collect taxes from them? Under the FairTax if you spend money you are taxed. Save money and you have no penalty. You can't say that now. Why not try something different? KC
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You can run but you'll only die tired.
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rich_t
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« Reply #32 on: March 09, 2010, 04:09:47 pm » |
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The FairTax is predicated upon repeal of the income tax. If the income tax is not repealed then the FairTax can't take effect.
Prebate is there for everyone. It has to be there to emulate the tax system we have right now. The FairTax is not to reduce/cut taxes but to be an easier more effective way to collect said tax. Not only for those of us who actually PAY taxes but for those who skirt taxes and get a free ride.
Think about it. How many hookers, drug dealers, welfare queens, etc ... would now become tax paying citizens? Tired of seeing these folks get a free ride? Got a better idea of how to collect taxes from them? Under the FairTax if you spend money you are taxed. Save money and you have no penalty. You can't say that now. Why not try something different?
KC
That is my understanding of the "fair tax" system as well. As a bonus, it also ensures that the illegal aliens living here will also be paying taxes into the system that they currently take so much from.
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"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944
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FGL
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« Reply #33 on: March 09, 2010, 07:10:38 pm » |
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The FairTax was never intended to cut taxes. It was developed to be a better way to COLLECT taxes and make them more transparent. If politicians want to increase your tax then they have to ask you. There is no other way it could be done. You don't want to pay taxes then don't buy stuff. The FairTax is the way to go. I've read both books and I would vote it in in a nanosecond.
KC
and who keeps track of everything we buy? Thats going to require a huge bureaucracy!!
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Lacarnut
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« Reply #34 on: March 09, 2010, 07:59:57 pm » |
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The FairTax is predicated upon repeal of the income tax. If the income tax is not repealed then the FairTax can't take effect.
Prebate is there for everyone. It has to be there to emulate the tax system we have right now. The FairTax is not to reduce/cut taxes but to be an easier more effective way to collect said tax. Not only for those of us who actually PAY taxes but for those who skirt taxes and get a free ride.
Think about it. How many hookers, drug dealers, welfare queens, etc ... would now become tax paying citizens? Tired of seeing these folks get a free ride? Got a better idea of how to collect taxes from them? Under the FairTax if you spend money you are taxed. Save money and you have no penalty. You can't say that now. Why not try something different?
KC
The Federal income tax will never be repealed so the Fair Tax is a pipe dream. What is not a pipe dream is the idea the Democraps have come up with for a VAT tax. That and a huge tax increase on gasoline. The government needs more of your money and lots of it to pay for all that money that has been pissed away.
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FGL
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« Reply #35 on: March 10, 2010, 06:20:36 am » |
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The Federal income tax will never be repealed so the Fair Tax is a pipe dream. What is not a pipe dream is the idea the Democraps have come up with for a VAT tax. That and a huge tax increase on gasoline. The government needs more of your money and lots of it to pay for all that money that has been pissed away.
England is preparing to apply the VAT tax to food.
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NHSparky
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« Reply #36 on: March 10, 2010, 06:36:42 am » |
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England is preparing to apply the VAT tax to food.
Like shit wasn't expensive enough there already.
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Live free or die; death is not the worst of all evils. - General John Stark
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Texacon
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« Reply #37 on: March 10, 2010, 06:54:13 am » |
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and who keeps track of everything we buy? Thats going to require a huge bureaucracy!!
Actually you just turn the IRS around to sending money instead of collecting it and you turn business bookkeepers around to instead of telling employees what they need to send in what they get back from the 'IRS'. You have employees getting to keep their entire paycheck. The stores where you spend the money collect the 23% and simply mail it to the government their books will tell the story. The only reason to audit anyone would be if they are a business to make sure they are a legitimate business. No, no new bureaucracy needed. You would actually need less people to make this work and you would have less penalties from saving and investing. Not to mention, as rich said, you are collecting taxes from people you wouldn't normally collect from. There are still opportunities to cheat but we have that now. I'm behind it 100% and wish it would start tomorrow. KC
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Texacon
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« Reply #38 on: March 10, 2010, 06:56:37 am » |
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The Federal income tax will never be repealed so the Fair Tax is a pipe dream. What is not a pipe dream is the idea the Democraps have come up with for a VAT tax. That and a huge tax increase on gasoline. The government needs more of your money and lots of it to pay for all that money that has been pissed away.
If you get enough people behind this you could very well do away with the federal income tax. The word just needs to get out. Most politicians are not behind this because the taxes you pay become too transparent. Not a bad thing in my mind. You would know instantly if someone tried to raise you taxes. All you would have to do is look at any sales receipt and if the tax charged was more than 23% you would know you either missed a vote to increase taxes or you were getting screwed. We need more information going out to people about the FairTax and less misinformation. KC
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Lacarnut
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« Reply #39 on: March 11, 2010, 04:43:25 pm » |
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If you get enough people behind this you could very well do away with the federal income tax. The word just needs to get out. Most politicians are not behind this because the taxes you pay become too transparent. Not a bad thing in my mind. You would know instantly if someone tried to raise you taxes. All you would have to do is look at any sales receipt and if the tax charged was more than 23% you would know you either missed a vote to increase taxes or you were getting screwed.
We need more information going out to people about the FairTax and less misinformation.
KC
Repealing the 16th Amendment is not going to happen. So the fair tax is a dead duck in my opinion.
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GOBUCKS
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« Reply #40 on: March 11, 2010, 07:46:18 pm » |
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As I understand it, the proposal in the Tennessee legislature would require hotels to pay a sales tax when they buy the breakfast food. The logic is that since they are not charging directly for the food, they, and not the hotel guest, are the end user. Therefore, the hotel shouldn't be able to buy the food as an untaxed wholesale purchase. They also claim that this same logic is applied in all but a few other states already. It has gotten so much publicity so quickly, the chance this will become law is probably slim. There can't be too much money involved in those horrid two-day-old danish rolls.
A Tennessee politician proposing an income tax right now would be like a democrat going to the national convention and proposing planks in the platform to criminalize abortion and sodomy. The chance it will happen is zero. Tennessee may not be the lowest tax state, but it has to be close. I don't see people in the high-tax peoples' republics, like Illinois, California, or the East Coast hellhole, getting services that justify the huge difference. Seems like all that money just disappears into thin air.
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Lacarnut
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« Reply #41 on: March 11, 2010, 09:38:59 pm » |
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As I understand it, the proposal in the Tennessee legislature would require hotels to pay a sales tax when they buy the breakfast food. The logic is that since they are not charging directly for the food, they, and not the hotel guest, are the end user. Therefore, the hotel shouldn't be able to buy the food as an untaxed wholesale purchase. They also claim that this same logic is applied in all but a few other states already. It has gotten so much publicity so quickly, the chance this will become law is probably slim. There can't be too much money involved in those horrid two-day-old danish rolls.
This sounds like much to do about nothing. The hotel pays sales tax or use tax on bedding, bibles, pens, paper, soap, and on all tangible personal property and charges it off as an expense. If the free coffee and rolls impact their bottom line negatively, go up on room price by a dollar or two. Problem solved.
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Texacon
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« Reply #42 on: March 12, 2010, 06:51:46 am » |
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This sounds like much to do about nothing. The hotel pays sales tax or use tax on bedding, bibles, pens, paper, soap, and on all tangible personal property and charges it off as an expense. If the free coffee and rolls impact their bottom line negatively, go up on room price by a dollar or two. Problem solved. Which is exactly what they would do all the while the politicians would be saying "See, the consumer is not paying for it the hotel/motel is" KC
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Lacarnut
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« Reply #43 on: March 12, 2010, 11:12:29 am » |
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Which is exactly what they would do all the while the politicians would be saying "See, the consumer is not paying for it the hotel/motel is"
KC
Voters are beginning to wise up to these lying politicians. Several years ago a CA prop was soundly defeated; it stated that a tax would be placed on the oil companies but that they could not raise their prices. Liberals and RINO's might think we are stupid but the laugh is going to be on them in Nov.
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