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To: SeekAndFind
If Fair Taxers would remove their blinders they would see that this notion will hurt more than help.

You cannot repeal an amendment simply by passing another amendment. It also takes ratification by a majority of the states.

It does not address local taxes or state income taxes.

It simply replaces one bureaucracy with another, to handle the monthly rebates.

It stands to kill manufacturing and purchase of new items as it will only apply to new items, not used. People’s anti-tax attitude will drive them to buy less new and more used, which could also create an inflated market there as well.

The wealthy, who don't want to pay the tax, will simply purchase large items elsewhere as they did to avoid the luxury tax years ago.

The author is correct.

17 posted on 03/15/2010 10:35:36 AM PDT by DakotaRed (What happened to the country I fought for?)
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To: DakotaRed
If Fair Taxers would remove their blinders they would see that this notion will hurt more than help.

You cannot repeal an amendment simply by passing another amendment. It also takes ratification by a majority of the states.


Americans For Fair Taxation has been aware since 1995. The purpose of House Joint Resolution 16 is to repeal the 16th Amendment. If you took of your blinders you would realize The Fair Tax Act(HR25/S296) has a provision in their bill recognizing the need to repeal the 16th Amendment.

It simply replaces one bureaucracy with another, to handle the monthly rebates.

The bureaucracy will be much smaller. The IRS consisting of approximately 100,000 agents will be replaced with an agency requiring about 5,000 agents.

It stands to kill manufacturing and purchase of new items as it will only apply to new items, not used

You really need to read the bill. There will not be any taxes on business to business transactions.

The wealthy, who don't want to pay the tax, will simply purchase large items elsewhere as they did to avoid the luxury tax years ago.

The wealthy will no longer have their investments taxed thereby increasing their purchasing power.

The author hasn't a clue and obviously hasn't spent one second reading the bill.
20 posted on 03/15/2010 10:44:51 AM PDT by Man50D (Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
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