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To: longtermmemmory
The unFair Tax will make cheating on your taxes a new national past time - not just an activity. It will drive another large segment of the economy underground and cause a LARGER paperwork burden on business owners. Not to mention the fact that the article clearly indicates why it will never pass - the number of lobbyists who work in tax issues will make sure it never passes. Why are accountants for it? If it was a easy as the unFair Taxers would suggest then many accountants would be put out of business; so the answer is they see a business opportunity. Accounts are one of stronger lobbies in DC.
26 posted on 01/13/2008 6:13:33 AM PST by mad_as_he$$ (Hillary cried, New Hampshire died.)
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To: mad_as_he$$

You have absolutely no idea what you are talking about.

Here’s a link to Title 26 of the US Code:

http://www.access.gpo.gov/uscode/title26/title26.html

Here’s a link to the Code of Federal Regulations, Title 26:

http://www.access.gpo.gov/cgi-bin/cfrassemble.cgi?title=200726

Call me when you’re done reading and digesting all of them.


61 posted on 01/13/2008 7:18:51 AM PST by DivaDelMar
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To: mad_as_he$$
Not to mention the fact that the article clearly indicates why it will never pass - the number of lobbyists who work in tax issues will make sure it never passes.

Some of those lobbyists work for the FairTax group, in fact, the Argus Group wrote the FairTax bill.

92 posted on 01/13/2008 8:04:59 AM PST by lucysmom
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To: mad_as_he$$

“Why are accountants for it?”

A friend of mine has his own small CPA practice and he tells me that about 60% of his billings come from tax work. He is a big FairTax supporter because he sees just how dysfunctional the current system is and how the same transaction can get entirely different tax treatment with different taxpayers. He tells me that I would be amazed at how many clients he can’t get to take perfectly legitimate deductions because they are afraid that it will trigger an audit. His view is that that should not be happening in America, the home of the brave and the land of the free.

As for his own business, he feels that there are plenty of other services he can perform for expanding and growing businesses in a post-FairTax world and most of them are more interesting and satisfying than doing tax work.

I know other people who work in the tax field who don’t grasp the big picture as this friend does and who are scared to death of the FT. The tens of billions of dollars that we spend on compliance don’t just evaporate into thin air; they go into the pockets of some Americans and those who benefit personally aren’t eager to see their tax knowledge depreciated.

I have no doubt that a substantial number of the SQLs here on Free Republic are in that category. The more momentum the FT picks up, the more strident and emotional their attacks are.


151 posted on 01/14/2008 6:51:14 AM PST by phil_will1 (My posts are in no way limited or restricted by previously expressed SQL opinions)
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