Posted on 11/19/2005 11:06:05 AM PST by Eaglewatcher
Amen to that.
These people are paying taxes to the Federal Govt right now when they buy those chains, jackets, and shoes. They are paying them in the form of embedded taxes
Limited to products and service produced in USA. All "those chains, jackets and shoes" are not made in USA.
The FairTax will obtain ZERO revenue from the illegal economy. 38
Not all products purchased by people in the illegal economy are made in USA. Taxes embedded in the chain of production of imports are collected by foreign governments. The only US taxes imbedded in after-the-fact imports are in distribution, warehouse and retail store -- none from manufacturing.
Rep. Bill Archer, Chairman, House Ways and Means Committee:
"A recent survey was done, in Europe and Japan, of the major corporations and I was astounded at the results. They were asked, 'If the US abolished its income tax and went to a sales tax, would that have any impact on your decisions?' Eighty percent of the corporations said they would build their factories in the United States of America. Twenty percent said they would move their international headquarters to the United States of America."
The large influx of new jobs, among other things, means the current trade imbalance (deficit) will balance out and likely tip to USAs advantage. In other words a greater percentage of "those chains, jackets and shoes" will be made in USA, thereby foreign governments will see their tax receipts decrease.
In order for foreign governments to retain their present level of tax receipts they'll have to replace their outdated, economy-draining tax systems with a consumption based sales tax.
The USA can lead the way to honest economic freedom and financial privacy the world over -- beginning with it's own citizens.
If anyone thinks the present outsourcing by American based companies, many of which are also building new manufacturing plants in foreign countries is bad now, it would be much worse if a major first world country beats USA to the punch by implementing a consumption based sales tax first. Also, that country would get the new jobs and USAs trade imbalance would widen.
It's not a matter of if consumption-based sales tax will gain dominance the world over, but when, and which country will lead the charge and which countries will play catch up.
The United States must take the lead.
Talk of tax reform is almost useless unless we have massive cuts in spending.
The People must be motivated to hold their employees -- politicians and bureaucrats -- accountable to serving The People.
The People can be motivated to focus on reigning in government spending by shoving the cost of government in their faces so that each and every citizen feels the pain of paying taxes at the cash register.
`In all disputes concerning taxes imposed by this subtitle, the person engaged in a dispute with the sales tax administering authority or the Secretary, as the case may be, shall have the burden of production of documents and records but the sales tax administering authority or the Secretary shall have the burden of persuasion.Do you understand what is meant by "all disputes concerning taxes"?
The "taxing authority" questions if taxes were collected on your purchase(s) (that means you're engaged in a dispute concerning taxes), you then have "the burden of production of documents and records" to settle the "dispute"...
Get it?
Heh.
Stop withholdings & taxing the "poor" would drive up the demand to stop government spending marginally, but in reality ciizens will vote in anyone who promises to reinstitute withholdings & to bring back progressive taxes.
I harp too much on this topic, but I'll say it again: the only way to bring back financial conservativism is to restrict voting rights. The Founding Fathers originally restricted voting to property holders for just that reason.
Are you talking about the same illegal economy that gives zero revenue under the IRS right now...
Are you talking about the same illegal economy that gives zero revenue under the IRS right now...No, the illegal economy that the Fairtax claims everyone pays embedded taxes in everything they buy....
see my #37. by the FairTax plans own words there are about 23% of embedded taxes in every item that we buy. When the drug dealer buys the stuff at retail, he is paying those taxes. If he didn't make the purchase, then the item wouldn't be made, the employee at the manufacturer wouldn't get hired and the embedded taxes wouldn't get paid.
It is common to see people who are losing the debate (like pigdog) become reduced to repeating the same old misproven talking points to resort to name-calling and using perjorative names for those who are exposing their misrepresentations.
You continue to use your little snide remarks, and the adults will continue to discuss the actual topic.
Indeed he does but he pays them with previously UNTAXED funds ulike all the rest of us who pay them with previously and heavily TAXED funds!
The FairTax levels the playing field!
I asked you a question in a polite manner. Please answer it.
The illegal economy already exists under the current IRS/SS tax system.
The illegal economy already exists under the current IRS/SS tax system.Uh huh, and the Fairtax doesn't distinguish the illegal underground economy from any other consumer when they claim under the current IRS/SS tax system everyone pays 20% embedded taxes in everything they purchase.
If you don't think that's true take it up with AFT.
Indeed he does but he pays them with previously UNTAXED funds ulike all the rest of us who pay them with previously and heavily TAXED funds!So none of the money used to buy drugs is after tax money...No one with withholding from their paychecks or self-employed buys drugs?
The IRS doesn't distinguish someone who pays taxes, to someone who don't pay taxes. Their tax courts consider a person guilty before proven innocent and even if you are innocent, you are still bankrupted in legal bills.
So lewislynn, why are you defending such tyranny?
I referred you to my answer already in #37, here it is reprinted for your ease of reading:
This has been discussed often. These people are paying taxes to the Federal Govt right now when they buy those chains, jackets, and shoes. They are paying them in the form of embedded taxes in the range of about 22% est. that is included in the prices of those goods. Under the FairTax, they will pay about the same amount, according to the FairTaxers. In both the current system, and the FairTax system there would be ZERO revenue created on illegal black market purchases.
I wasn't referring to you with my comments to pigdog so I don't understand why you think I am.
In true FairTaxer spirit, you are double-counting the income taxes. You are counting them as being paid twice, once by the wage earner and once again by the purchaser of the item.
This is the same mistake as the "100% paycheck for a 20-25% raise, and all the prices will remain the same on average" fallacy that Boortz/Linder were pushing.
So lewislynn, why are you defending such tyranny?Where did I defend anything?
Don't bother me with your problems, I only showed you what AFT claims about where some (substantial) taxes are paid under the current system. Take it up with AFT or IRS or leave the tyranny for wherever you think it's better.
You're the typical Fairtaxer. You can't/won't argue with what your plan claims so you choose to attack me as defending tyranny instead...And then you have to ping piggoebbels for help with the obfuscation...
That being said, I am not following your logic, in that could you please been more detailed in which types taxes you are talking about.
This has been discussed often. These people are paying taxes to the Federal Govt right now when they buy those chains, jackets, and shoes. They are paying them in the form of embedded taxes in the range of about 22% est. that is included in the prices of those goods.
What taxes are you talking about? Corporate income taxes passed onto the consumers? Or federal income taxes paid directing on the citizens? Or state/local sales taxes?
I just want you to explain a little further in your line of thought.
Under the FairTax, they will pay about the same amount, according to the FairTaxers. In both the current system, and the FairTax system there would be ZERO revenue created on illegal black market purchases.
That and Fairtax is also about freeing up money wasted on just compling to the paper work of the IRS/income tax, the money wasted alone on the compliment part of federal income tax is around $240 billion dollars a year.
With Fairtax, that money is freed up. Could you imagine what that $240 billion dollars a year could do if it were injected into the productive parts of the U.S. economy, instead of the regulation parts of the economy?
Yes you are, you are defending the IRS by going against movements to get rid of the IRS like Fairtax.
Don't bother me with your problems, I only showed you what AFT claims about where some (substantial) taxes are paid under the current system.
Actually you didn't provide any information to me from the AFT; for or against Fairtax.
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