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To: Jack Hydrazine
A fair tax is a VAT tax.

Wrong. The Fair Tax imposes the tax only at the point of sale.

How do you assume the IRS goes away with a fair tax?

I don't assume anything. It will defund the IRS. Both facts you would know if you read the Fair Tax Act because they are in the bill.

How do you know that if a fair tax isn’t enacted that it won’t be changed like income tax was?

How would you charge various rates based on a person's earnings since The Fair Tax is not based on income? Regardless of that point, if Congress were to raise the rate too high they would be slitting their own financial throat since people will respond by lessening their consumption. Less consumption translates into less tax collected by the treasury. Congress can only maximize the amount collected by keeping the rate within moderate bounds.
33 posted on 07/21/2010 6:07:18 AM PDT by Man50D (Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
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To: Man50D

It’s a sales tax! I’m sure you’d like to see a sales tax of 25 percent like you see VAT taxes in Denmark! That’s really fair in my book. How about yours? That’ll really encourage people to get out there and spend, spend, spend!

How about we simply cut wasteful, government spending first and go back to a simple flat tax of say 5 or 10% for all individuals and all business? IIRC, Russia has a flat tax of 10 or so percent which has proven to be a real winner in encouraging people to create wealth.

Show me how a ‘fair’ tax is going to make the IRS go away. Does the fair tax fairy make the IRS go >POOF!<? I haven’t seen any fair taxers show me how that is going to happen.

The IRS will never go away. They are a most recalcitrant group of thugs who believe we the citizens have never paid enough and will never pay enough taxes to satisfy their hunger.


52 posted on 07/21/2010 6:47:57 AM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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