To: Aristotelian
Its a tax on what you spend, not what you make! Be a cheap bastard like me and watch what you buy. Buy used. It gets the govt out of your back pocket.Come on, what can be wrong with that.
18 posted on
08/26/2007 5:36:07 AM PDT by
HANG THE EXPENSE
(Defeat liberalism, its the right thing to do for America.)
To: imahawk
It then turns into a tax on living, making it a progressive tax in another form.
33 posted on
08/26/2007 6:01:55 AM PDT by
ejonesie22
(I don't use a sarcasm tag, it kills the effect...)
To: imahawk
Its a tax on what you spend, not what you make! Be a cheap bastard like me and watch what you buy. Buy used
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Amen, that is what attracts me to the plan and at the same time makes me wonder if it would actually work. I could find so many ways to avoid buying new stuff that I probably would not pay enough tax to cover my own rebate. I can’t believe that all sales of used items would really be exempted.
56 posted on
08/26/2007 6:50:20 AM PDT by
RipSawyer
(Does anybody still believe this is a free country?)
To: imahawk
Be a cheap bastard like me and watch what you buy. Buy used. It gets the govt out of your back pocket.Come on, what can be wrong with that.
I don't want the government to force me to be like/live like you.
91 posted on
08/26/2007 7:50:21 AM PDT by
lewislynn
(What does the global warming movement and the Fairtax movement have in common? Disinformation)
To: imahawk
Be a cheap bastard like me
I’m with you. The last boat I bought was used. I probably saved a million or two. We also save by putting the kids in coach and only the two of us fly first class. The savings on the 10 trips a year saves us thousands. We also scaled down our ranch home and built a smaller 6 bedroom house rather than the spread we really wanted. If one really wants to save it’s not that hard.
280 posted on
08/26/2007 12:27:29 PM PDT by
Joan Kerrey
(Believe nothing of what you hear or read and half of what you see.)
To: imahawk
I'm cheap, too. I buy used. Now, if the price of used items is free of the 'fair' tax, and new items are not, which price is going to go up? There will be increased demand for good, used, items, which are outside the tax.
The current system favors those who can buy a new vehicle and write it off, keeping in that first three year (high depreciation but forever making payments zone), to avoid paying income tax on the money.
That provides a steady source of used equipment. Avoiding the fair tax will create demand for their trade-ins, but not new vehicles.
A lot of sole proprietorships will have to incorporate to dodge the bullet.
Being cheap won't be so cheap any more.
337 posted on
08/26/2007 3:09:58 PM PDT by
Smokin' Joe
(How often God must weep at humans' folly.)
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