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Godfather of Supply-Side Economics Supports Cain's '9-9-9' Plan
Human Events ^ | 10/12/11 | Tony Lee

Posted on 10/12/2011 6:50:02 PM PDT by justsaynomore

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To: casablanca

The “fair tax” or any other sales tax would cost us millions of jobs due to the collapse of small businesses, and the reluctance to buy that would be generated.

Its just poorly thought out.


161 posted on 10/13/2011 6:59:00 PM PDT by editor-surveyor (No Federal Sales Tax - No Way!)
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To: editor-surveyor

Nonsense.


162 posted on 10/13/2011 7:01:10 PM PDT by casablanca
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To: justsaynomore

>> “and used goods would not be levied sales taxes.” <<

.
So eat used food, and wear used clothes, and drive used cars.

There goes the economy!


163 posted on 10/13/2011 7:01:46 PM PDT by editor-surveyor (No Federal Sales Tax - No Way!)
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To: justsaynomore

164 posted on 10/13/2011 7:02:36 PM PDT by Revolting cat! (Let us prey!)
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To: Dr. White

My question is more along the lines of what difference does it make if Congress raises, say $1 trillion in income tax hikes or $1 trillion in sales tax hikes? It’s still coming out of your pocket either way. To me at least, raising one income stream and lowering another doesn’t sound all that bad.


165 posted on 10/14/2011 2:06:49 AM PDT by garbanzo (It's the end of the world as we know it and I feel fine)
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To: garbanzo

Because if they can tax you through both, they will tax you through both.


166 posted on 10/14/2011 10:43:55 AM PDT by Dr. White
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To: Dr. White

I’ll give this one last try...does it matter to you if government raises $1 trillion in income taxes alone , $1 trillion in sales taxes alone, or $500 billion in income taxes and $500 billion in sales taxes?


167 posted on 10/14/2011 4:02:21 PM PDT by garbanzo (It's the end of the world as we know it and I feel fine)
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To: garbanzo
Does it matter to you if government raises $1 trillion in income taxes alone , $1 trillion in sales taxes alone, or $500 billion in income taxes and $500 billion in sales taxes?

Yes, because the total is not the only relevant component.

Another relevant component is the ways in which a person can be taxed.

Right now, a National Sales Tax - whether via 999 or the "fair tax" - is not one of the ways in which a person can be taxed, and won't be unless Republicans endorse it.

Is that clear?

168 posted on 10/14/2011 5:05:42 PM PDT by Dr. White
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To: free me

I don’t agree...there is 0% chance they could raise sales taxes and it not be noticed immediately and cause an outcry. With tax withholding and other ‘hidden’ taxes, not so much, and it can even be made to seem like someone else’s fault.


169 posted on 10/14/2011 10:33:09 PM PDT by Republican Wildcat
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