Well it only took the first line to get to the first lie. Greenspan supports a consumption-based tax like a VAT. Greenspan has never specifically stated he supported the fairtax.
Unfortunately, most Americans want an unfair tax that benefits them and hurts everyone else.
It will also eliminate the tax shelters that allow rich liberals like the Kennedys to pay practically no taxes.
Yawn. Monthly post.
If a fire has oxygen and fuel and heat then, by difinition it won't die. This fire doesn't have some crucial components, including the fact that it's NOT a good idea (see my previous responses).
Moderator - Can we have an option to automatically re-post my tomes on the problems w/ this idea if these people keep resposting to "keep the fires alive"?
It eliminates the ability of the government to control freedom of speech by tax exempt organizations such as churches.
Have read most of Linder's rather thick bill. Had several positive thoughts and several negative.
On the positive side, the fact that no tax will be paid on used items would be a tremendous benefit to recycling and saving of resources. A call to Linder's office assured that this even applied to used houses.
A second positive would be the guaranteed up front rebate of the tax up to the poverty level which would give some stability to the very poor.
On the negative side, what is to prevent the very wealthy Kennedys, Kerrys, etc. from taking their untaxed money out of the country and buying homes, cars, land, etc. overseas, thus not paying any tax. This could be fixed by having an export tax on money taken out of the country. For example 23% on any money exported over the poverty level.
Yes, but what about things that are not brought back, like luxury villas, fancy cars to put in the garage, antiques and art to furnish a vacation home, and land.