Posted on 09/22/2007 7:18:53 PM PDT by netvictory
Businesses already do... Try not collecting FICA or SS for your employees, and not turning in W2s...
Since the Fair Tax is a sales tax charged at retail, the correct comparrison is on the sales taxes currently in place.
All retail establishments are already tax collectors for a sales tax.
This is the first I have heard this argument. All the other detractors claim that the 23% NRST rate is far to low to meet current revenue and it would have to be much higher.
I guess we could actually lower it!
They are already are, its just hidden.
The 70's is a bit far back for my memory to go on prices. But I remember the early 80's and a 2 liter bottle of coke was 99 cents. I can buy it for 99 cents today as well.
This makes no sense. Being that the prebate is the same for each person, regardless of age or income, how can your above statement be true?
You missed my point. My corporations will buy and sell everything I need, except for food. Everyone will do the same thing. REIT's will own the Real Estate, Transportation will all be leased, etc. etc. The only people who will pay taxes are the poor and theirs will be rebated back to them. The Government will get almost zero revenue. That is why the VAT taxes the goods as they are produced.
I don't know whether to laugh or cry considering you fail to understand the people are the government. They have the power to dictate to their politicians how they want their government run. Unfortunately apathy has allowed the income tax to evolve into a tool used more for controlling people than collecting taxes. Americans For Fair Taxation understand this concept and are consequently forming an increasingly strong grassroots effort forcing Congress critters to realize they either support fundamental tax reform with The Fair Tax or risk losing their jobs in upcoming elections.
Yes people dictate to their representatives how they want things run and they want handouts! It is only apathy from the taxpayers, the recipients aren't apathetic at all. The Congress Critters know that they won't get re elected if they don't bring home the bacon.
The income tax is precisely the problem. I find it curious you oppose the Fair Tax but fail to offer an alternative. The only reasonable explanation is you are in favor of maintaining the status quo income tax code. The question then becomes what advantages do you feel the income tax has over The Fair Tax?
I actually have a ton of alternatives once government spending is under control. Would you believe that if government spending was less than 10% of the GDP that Federal Taxation would not be necessary? If we could constitutionally limit Government spending and borrowing the problem becomes very easy to solve. It is when the Government taxes and spends the majority of the GDP that we have problems. No tax system will survive that kind of stress for long.
The income tax is precisely the problem. I find it curious you oppose the Fair Tax but fail to offer an alternative. The only reasonable explanation is you are in favor of maintaining the status quo income tax code. The question then becomes what advantages do you feel the income tax has over The Fair Tax?
I only oppose the Fair Tax because I see it becoming an additional tax. The income tax when it was originally implemented was not a burdensome tax. It was only for the wealthy and they paid a very tiny percent of their income.
I propose that the solution is to limit Government spending to 5% of the GDP. Once that is accomplished the fair tax would be great : )
The oil is taxed when made into plastic is taxed to make the switch is taxed when sold to the car maker is taxed when the car is sold to the consumer. QUADRUPPLE.
this statement shows you have no idea of what the fair tax taxes and when it taxes it. You are speaking of a VAT, which is nothing like the NRST.
So your current tax rate is what? 15% for FICA plus income taxes. Which will both be eliminated. So for the same $600, after forwarding on the NRST, you end up with about the same amount of money if not more at the end of the day.
I will grant you the state taxes. But what benefit deductions are you talking about that will remain? SS and Medicare? Nope. Those are eliminated by the Fair Tax.
Nope, my CPA has it structured so I pay a lot less than that. And he’s a conservative CPA, meaning his recommendations are much more safe than risky, so there are no shenanigans going on.
Yes, it was. I was parodying the typical FairTax response.
State tax, 401k, medical, dental, vision...
Not 100% of paycheck by any means is kept, but that is what is implied in the rhetoric.
You guys need to stop sounding like a infomercial ad...
[Smacks head] I missed that. Sorry.
I think it is clearly implied and understood that your check will be free from federal withholdings.
Calling fair tax supporters liars because you will still have 401(k), medical, etc... still withheld is akin to calling them liars because your exwife has child support withheld from your check.
Advertising “Keep 100% of your paycheck” is simply misleading.
I think the fair tax is great. I also think no major reordering of the revenue system of this country will happen in our lifetime.
No it's not. Removing Federal withholding will almost get you to 100%. Anyone with a pulse knows this doesn't apply to state taxes, medical premiums and retirement plans.
There’s the rub...
And again with the assumptions, you assume people all are thinking about those details when they see the pitch.
It will go a lot further it you guys will quit parsing terms and running sales pitches and just say what it does and acknowledge the weaknesses as well as the strengths.
We have a website that has a FAQ section that explains every aspect. Your predecessors on these threads have often used the same argument that you make. It was pretextual then and it's pretextual now. Come on, don't you anti's have a scriptwriter?
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