Posted on 10/23/2011 4:57:25 PM PDT by JOHN W K
Polybius, is that you?
(I thought you got banned.)
I was about ready to flame you until I read the article. Herman is not clear about the difference between a flat or a retail sales tax at the national level and the fair tax. The article is a legitimate point to the confusion around the sales tax options.
Juan Who Knows? How sacrilegious.
You’re gonna sound just like Roseanne Roseannadanna after you catch up on the facts of Cain’s tax plan.
The vanity poster thinks he knows more about the Constitution and federalism than Levin and Rush. What he is proving is that he knows less about the 999 plan than even David Gregory - which is to say, he doesn’t understand sh-t about it....
That should read VAT not flat. My voice transcriber did not transcribe that correctly.
The fact is, Herman is now proposing a new tax, a national retail sales tax, in addition to taxing corporate profits and incomes, and also would tax the wages working people earn... So, why do so many "conservatives" support this Washington Establishment Hobson's Choice candidate whose mission is to give another taxing power to Congress... And why is it that our "conservative" talk show hosts give this former federal reserve bank chairman, a Washington Establishment insider, a pass on his "opportunity zones" which attack our free market system? ...a wolf in sheep's clothing whose mission is admittedly designed to further erode the defined and limited powers of our federal government...
You have no understanding of his plan. First step(though done at the same time) throw out the present tax code, replace with 9-9-9. Economy will then boom and even if it starts at the same level it is now the plan is revenue neutral. If Economy goes booming then it will bring in more! Allowing us after a few years, like 2 years, to go to the fair tax! Also do you think the present monstrosity or any of the plans that simply mess around the edges agree with our founding fathers?!?
Ravenstar
A VAT is product oriented and is a process tax.
I support the 32 word plan which would return us to our Constitution's ORIGINAL TAX PLAN as our founders intended it to operate:
The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money
So, which of our Republican presidential hopefuls will take up the cause and defend our founding father’s original tax plan, and work to put an end to the class warfare game which is proposed to continue under Herman's plan?
JWK
“…a national revenue must be obtained; but the system must be such a one, that, while it secures the object of revenue it shall not be oppressive to our constituents.”___ Madison, during the creation of our Nation`s First Revenue Raising Act
>> Herman is not clear about the difference between a flat or a retail sales tax at the national level and the fair tax. The article is a legitimate point to the confusion around the sales tax options. >>
He is if you understand the context of that article and the time in which it was written and what tax was being discussed at the time. Context people, context. It matters.
In defense of the poster, did you read the article? It appears that in fact Herman is not clear in his article about the difference between a VAT, the Fair tax, and a national sales tax. What Herman appears to be suggesting in one of the nines in the 999 plan is in fact a national retail tax which he seems to deride in the article, despite it being part of the fair tax.
ditto.
Wow, you wrote a whole article an managed to not get a single fact correct.
Congratulations! You win the stupidest post EVER award!
So I ask, is it evil to have a national sales tax or not? Herman appears to have said that it was just 12 months ago.
In that article he makes it very clear the difference between the fair tax and a VAT tax.
I guess you missed the fact Empowerment Zones were in Reagan’s tax plan.
>> So I ask, is it evil to have a national sales tax or not? Herman appears to have said that it was just 12 months ago. >>
Come on, are you that shallow? Cain was talking about the commission’s plan to levy a national sales tax ON TOP OF THE EXISTING TAX CODE WE HAVE NOW. I REPEAT, ON TOP OF THE EXISTING TAX CODE WE HAVE NOW. ONE MORE TIME IN CASE YOU MISSED IT: HE SAID IT WAS WRONG TO LEVY A NATIONAL SALES TAX - OR A VAT TAX - ON TOP OF THE ONE MILLION WORD MONSTROSITY WE HAVE NOW.
That is totally 180 degrees away from what he proposes with either the FAIR TAX or with the 999 - which is - wait for it - I’ll write slowly - DESIGNED
TO
REPLACE
THE
EXISTING
TAX
CODE.
The fair tax is a national sales tax in place of the income tax. Herman is not getting rid of the income tax with his 999 plan. It would seem that he is signing on to what he thought was wrong just 12 months ago. The thread poster seems to have hit on a legitimate point.
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