Posted on 09/22/2007 7:18:53 PM PDT by netvictory
Rush Limbaugh accuracy rating is lowered to 10% because he totally missed the biggest political paradigm change in history, which destroyed liberalism in America.
Democrat party fails to elect anyone to Congress because they opposed the Fairtax and kept trying to change it.
Union membership drops to less than 1% because Union leadership runs the Democrat Party.Joe Morecraft III and Walter Williams start a movement to replace the Fairtax with the head tax. No one listens or cares about the head tax, except for Rush Limbaugh who jumps on board. Rush's accuracy rating is lowered another 5 points.
Every Evangelical pastor, conservative leader and Republican candidate claims he was for the Fairtax when the Fairtax wasn't cool.
Christian tithing increases because people now have 22.65% to 34.65% more spending money in their paychecks. Church would then have more resources to spread the Word of God. The beginning of the largest and longest Revival occurs.
Resurgence in Christians Hospitals occurs, driven by the increase in church revenues, Christian thrift, and Evangelist community outreach both at home and abroad. Americans Christians become known worldwide for Christian Medical missions.
The study of Latin and Greek reappears in American as a part of a normal private school K-12 education. A restoration of Puritan values sweeps America as communities began devote their lives to promoting Crown Rights of King Jesus.
The Family meal time is restored because people want to save money, work at home, home school, or sends their children to private neighborhood schools.
The number abortions drop because women and families get more money in their prebate checks for each child in the family.
Pro Life supporters’ demand the Fairtax prebate starts at the point of conception and the limit on children in a family be removed. Abortion becomes obsolete and is banned.
Pastors under the Fairtax can say anything they want from the pulpit without fear of losing a tax exempt status, including endorsing candidates and political parties.
Membership in the Democrat Party or in a union is consider Satanic by most churches, and preached against in the pulpits of Evangelical Churches.
Almost every Bible Believing Church has a K-12 school they support or run.
Americans learn the value of saving money and demand Congress and state legislators cut spending.
Elected officials now have twice as much time to address the spending side of government because the Fairtax, which has become the Third Rail of politics, can not be touched. The Sixth Amendment becomes obsolete and no longer talked about.
One half of the lobbyist in Washington and in every state capital lose their jobs and go home and look for real jobs because there is no tax code to play with.
Local and state property taxes are eliminated from the American society, because the Fairtax is a broader base sales tax then any current state sales tax, and it can replace both property and income tax systems at the same percentage rate of most current state sales tax.
The United Nations is kicked out of the United States. The League of Fairtax Nations takes over the building. Nations must have a Fairtax and an American Bill of rights to join the new League of Fairtax Nations.
Home schooling and the number of private schools increase because education is consider an investment and not tax under the Fairtax.
The money spent on government schools is rolled into the state prebates checks because Americans began to despise socialism. Government schools become obsolete and Teachers Colleges go out of business across America. John Dewy spins faster in Hell.
Economy
Personal debt is no longer the number one marketed product in America. Most people have access to their prebate through a Debt card, and use it only in emergencies, automatically transferring excess money over to a mutual funded each month.
The average person who starts work at 15 years of age can retire by 35 years of age, with or without a college degree. Most college graduates go back to school by age 30 and have two or three different professional careers in their lifetime.
Everyone who wants a job has a job. The economy is booming!
Corporations are moving their headquarters and manufacturing back to the USA!
American products, for the first time in history, are shipped out of the country tax free.
American products, for the first time in nearly 100 years, have equal or better advantage in the American market place. Currently, idiots run the country.
We get to keep 100% of our paycheck! Currently, idiots run the country.
Social Security is on stable footing for the first time in years! It eventually becomes an obsolete government program no longer wanted or needed.
Medicare is paying its own way and is no longer in danger of default! It eventually becomes an obsolete government program no longer wanted or needed.
The Corporate taxes and costs of compliance hidden in both wholesale and retail prices no longer exist! Even with the Fairtax prices are nearly the same as before the Fairtax.
We love our monthly prebate check! The lower income people pay no taxes because of this and the rest of us get a free ride up to the amount of the poverty level!
This means we can save more, faster and have more money available for education, home ownership and retirement!
We don’t have to fill out those stupid IRS forms anymore! We save a total of $250 billion or more (about 3% of the GDP).
The government wins too! They get the same amount of revenue they are used to getting! Currently, idiots run the country and want to keep the seesaw tax reform debate going and do not support the Fairtax. The Fairtax is not tax reform, it is tax replacement.
And guess who has to start paying taxes for the first time in their lives? Illegals, prostitutes, drug dealers, the porn industry, criminals, plus all of the other under-the-table transactions that take place! Currently, idiots run the country
The IRS and the tax code is eliminated, except as punishment for those who try and cheat on the Fairtax,. It is later ruled unconstitutional by the Supreme Court because it is deem cruel and unusually punishment.
Note: Part of the list was stolen off a blog. My apologies to the owner of that blog.
Podcast: gopwing.podomatic.com
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No, but they will be out of business when the competition prices them into oblivian. It is called free market economics.
You are exactly right. We are attacking the carnivore at the wrong end. It would be better to severly limit the government’s ability to spend. No matter how much tax is collected, they are willing to spend whatever they wish. Thus the defecit. NO MORE GOVERNMENT RUN SOCIAL PROGRAMS, PLEASE!!!
The Fairtax would put a 30% tax on my labor. As a small businessman, I earn $600/day for training my clients. If the FT somehow got passed, I’d have to charge about $780/day, and send about $180/day to the feds, leaving me the same $600.
You think I’m going to reduce my day rate by 30%? If I do, I’m not getting any benefit from the FT, if I don’t, my clients are suddenly paying 30% more.
So explain how the FT is a good thing for me.
Yeah, that explains it,...riiighhht.
Actually I think you got a sandwich because you were flying coach. Those of us in first class were dining on steak and lobster.
Which you don't have to pay ANY income tax on. And, if by choice, you make no purchases over and above the prebate percentage you'll NEVER pay any taxes on that money.
“I guess that’s why the last time I flew across the country I got a sandwich in a paper bag rather than a hot meal on a plate.”
Yeah... it was because that tax was removed. It had nothing to do with rising fuel prices, increasing cost of aircraft parts, union negotiations and the cost of increased security. Nope, couldn’t be any of that...
Are these the Michael Dukakis Supporter Ecconomists or the John Kerry Supporter Ecconomists.
Perhaps we should look to the Algore ecconomists too.
please, if ecconomists knew anything, all ecconomists would be wildly rich instead of whoring a Tax Scam.
You will be free of those burdensome compliance costs. Nor will you have to fear the IRS agent under your bed.
And, if by choice, you make no purchases over and above the prebate percentage you'll NEVER pay any taxes on that money.Or if he didn't want to wait for the Fairtax, he could, "by choice", quit his $600 a day job/business and work at Mcdonalds to live the same lifestyle as you suggest he live after the Fairtax.
What I'm talking about is after the tax is enacted, all embedded taxes are eliminated.
This will reduce the cost of doing business by around 20-30%, to everyone. They can either decide to keep their windfall, or reduce their prices BACK to what their profit margin was to begin with (a la the airline industry).
Nothing is stopping them from doing it now, and there is no "race to the bottom" (whatever the heck THAT means), except for prices.
Who pay them NOW?
NEWS FLASH! ALL TAXES NOW ARE BEING PAID BY THE END USER!
Speaking from experience?
That’s a non-responsive reply to MY situation. Read my post again of you really want to answer.
That’s a non-responsive reply to MY situation. Read my post again of you really want to answer.
That’s a non-responsive reply to MY situation. Read my post again of you really want to answer.
Excellent burn, lewislynn.
Maybe the reason your reply is non-responsive is because you do not understand this type of business, where nearly 100% of my income is a result of my labor.
I have a one to two percent compliance cost, and maybe one to two percent equipment cost, with the percentage depending on whether I’ve had a good year or only a so-so year.
So, I could either pass on the 30% tax to my clients or pay it out of my pocket. But I can’t do both; there’s only one 30% figure, not two.
I certainly would NOT be reducing my day rate immediately, by relying on the CLAIM that prices and costs will be reduced all over the place. That claim is yet to be proven in practice, no matter how many time FTers repeat it.
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