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To: ancient_geezer
The FairTax legislation happens to be a revenue bill not a spending bill.

The monthly NRST entitlement spending would dwarf Social Security.

73 posted on 08/12/2006 10:03:56 AM PDT by Mojave
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To: Mojave

The monthly NRST entitlement spending would dwarf Social Security.

Interesting I don't find entitlement spending in the the legislation. All I find is a sales tax rebate to assure only expenditures above the povertylevel are taxed and that any tax laid on purchases below povertylevel be returned to those paying the such taxes on their purchases.

But then I guess there are those that look for govenment to burden even that which is necessary to the unalienable right to Life, unlike the founders of this great nation.

"The simplest system of taxation yet adopted is that of levying on the land and the laborer. But it would be better to levy the same sums on the produce of that labor when collected in the barn of the farmer; because then if through the badness of the year he made little, he would pay little. It would be better yet to levy it only on the surplus of this produce above his own wants. It would be better, too, to levy it, not in his hands, but in those of the purchaser; because though the farmer would in fact pay it, as the purchaser must deduct it from the original price of his produce yet the farmer would not be sensible that he paid it... What a comfort to the farmer to be allowed to supply his own wants before he should be liable to pay anything, and then to pay only out of his surplus."
--- Thomas Jefferson to James Madison, 1784. Papers 7:558

 

"The government which steps out of the ranks of the ordinary articles of consumption to select and lay under disproportionate burdens a particular one because it is a comfort, pleasing to the taste or necessary to the health and will therefore be bought, is in that particular a tyranny. Taxes on consumption like those on capital or income, to be just, must be uniform."
Thomas Jefferson to Samuel Smith, 1823. ME 15:432

 

[Montesquieu wrote in Spirit of the Laws, XIII,c.14:]

 

Patrick Henry, Virginia Ratifying Convention June 12, 1788:


79 posted on 08/12/2006 10:20:12 AM PDT by ancient_geezer (Don't reform it, Replace it.)
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To: Mojave
Hmmm. The prebate is paid from the gov't to pay taxes to..... the gov't. It pays itself. One pocket to the other.

How much does it cost again?

(napoloen says "idiot! idiot")

Besides, a refund of taxes is not an entitlement. It's a refund of taxes.

87 posted on 08/12/2006 10:39:29 AM PDT by Principled
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To: Mojave
Wrong (or lying) once more. The amount involved for the prebate is much less than S/S amounts and since it's not an entitlement it needed be funded each year with appropriations bills.
249 posted on 08/12/2006 5:40:46 PM PDT by pigdog
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