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To: ancient_geezer
"Substantially less than under an income tax that has to be administered and enforced on every individual in the United States."

The IRS itself conservatively estimates that 63,000,000 people are not paying the "income" tax, so that is a bogus assertion. I'm sure many of those millions (and posters like yourself) believe they are "getting away with not paying their fair share", but all they are doing is not volunteering to assess themselves. It is possible to be tax-free without an NRST, flat tax or VAT.

Anyway, the kind of tax "reform" that most think is the only solution has about as much chance of passage in this age as the final assignment of blame for the American Civil War.

41 posted on 04/19/2002 1:50:35 PM PDT by Middle Man
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To: Middle Man

The IRS itself conservatively estimates that 63,000,000 people are not paying the "income" tax, so that is a bogus assertion.

Do you even know the subject of my reply to EBAY?

EBAY has been recommending a flat tax on every individual no exceptions or exemption.

My response was concerning the enforcement on every individual in the United States in regard to that. Quite frankly, that is a totally unecessary intrusion into the family. As better options exist. Such as the NRST.

they are doing is not volunteering to assess themselves.

And making themselves prime cannon fodder for the IRS, with no gain.

It is possible to be tax-free without an NRST, flat tax or VAT.

ROTFLM(_|_)O!!!

The Individual Income Tax return(1040) that captures everyone's attention each April, is merely a partial VAT accounting sheet the government cons individuals, held at ransom, into filling out. It's misdirection puts blinders on the eyes of the voter, and totally distorts their perceptions as to the real impact of taxation in their lives.

Every man woman and child in the nation, pays federal taxes through a corporate VAT.

DO YOU PAY YOUR INCOME TAX
AT THE SUPERMARKET?

by D. Sherman Cox J.D. L.L.M. Taxation

The full impact of the federal tax system(taxes in gross wage/salaries & other compensation + business income/payroll taxes) added onto the base price(without taxes) of retail consumption goods and services is 36% for federal taxes alone.

Why? Because all wages and the taxes on them are paid for out of sales receipts to business,(i.e. consumption expenditure).

Federal tax revenues collected as % of current family expenditure = fed/(1-state-fed-savings) =

23.5/(1-.235-0.102-0.012) = 36.09%

If we add in the cost of federal tax compliance, planning, litigation & enforcement, the percentage that truely represents the burden on the family due to the Federal income/payroll tax system, product prices are increased by more than 55% over taxfree prices.

Where Have All the Dollars Gone?
How the government robs Peter to pay him back.
By economist James L. Payne, Reason Magazine February '94

When the overhead costs are added together, (24 percent compliance costs, 33 percent disincentive costs, and 8 percent other costs), they total 65 percent of tax revenue.

Current total Federal tax revenues are about $1900billion, more than $1,000 billion additional dollars are added on onto consumption prices due to the business costs of complying with the federal income/payroll tax laws.

The percent total current federal burden (taxes + compliance costs) of consumption dollars = 36*(1900+1000)/1900 = 54.95% economic burden added on to base retail(i.e. taxfree) prices.

Too bad that citizens don't get a receipt detailing those "hidden sales taxes" buried in their consumption purchases. If they ever did, some of those 70% of the public clamoring for more from government, thinking someone else foots the bill, might be tempted to change their mind.

 

ENJOY your "taxfree" life.

44 posted on 04/19/2002 3:41:35 PM PDT by ancient_geezer
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To: Middle Man

Anyway, the kind of tax "reform" that most think is the only solution has about as much chance of passage in this age as the final assignment of blame for the American Civil War.

So why the comment, nothing's going to change, and you're taxfree.

You have no worries at all, as I see it.

45 posted on 04/19/2002 3:46:31 PM PDT by ancient_geezer
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