Skip to comments.A new take on the Fair Tax
Posted on 04/12/2011 9:43:56 AM PDT by gregmerleforcongress
Bypass the mainstream media black out and lets get a conversation started on what is a ridiculous main stream media
bump for later
The tax collection method is not the problem. We currently collect the maximum amount of taxes 19% GDP. You could adopt the Fair Tax, the Flat tax, the representative tax, progressive tax, even a VAT tax but the truth is, you will only collect upto about 19% of GDP in taxes.
The problem is SPENDING.
The Fair Tax does not stop Congress from borrowing money which is their Constitutional authority. Therefore, the idea that the Fair Tax will somehow “starve” congress is FALSE.
What is needed is a limit on spending.
Spending and ways and means of collecting taxes are two separate things, and the latter matters.
The current income tax system is largely hidden, and/or collected at the wellhead.
A national retail sales tax, conversely, would be visible, and collected only at the point of sale.
And the divide and conquer mechanisms of the current system would be gone. The protection racket would be dead. All Americans, finally, would be united in one self-interest: lowering the rate.
Which could only be accomplished by reducing spending.
Lets put in a US Constitution amendment. Thats what the States can do.
How about lets get rewrite the US Constitution. Time for a redo!
Careful what you wish for! The results may not be what you expect.
Yup, and then generate a monthly check for at least half of Americans to offset the huge sale tax is the answer? Do people like you realize what a huge bureaucratic organization, bigger than the IRS, will be needed to enforce, analyze rebate, etc etc etc. This is just as much crap as the current system. Now come back and give me the paycheck will be bigger! Not for freeloaders and half of America is in that class now.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.