Quote Originally Posted by David88vert

Jaime, here's the thing that I don't understand. Fair Tax is an income redistribution scheme - plain and simple. It's take from the rich and give to the poor. That is a liberal Democratic Party scheme. I thought that you and Leadfoot were both conservatives.
You don't understand it at all then.

It is a revenue neutral proposal. In other words, it doesn't matter what you make the tax bracket is the same because you are taxed on expenditures and not income. It promotes saving and investing. It does not take from anyone to give to anyone else. It gives you your entire paycheck to do with as YOU wish and KEEP as much as you'd like.

Let me ask you a question: WHO do you think actually PAY the lion's share of tax revenue NOW???? I sure hope you don't believe Hillary and her hand out followers who think it's lower middle class America. It damn sure isn't. In reality and fact the UPPER MIDDLE to HIGH actually PAY the BILLIONS every year. Look it up, it's true. It's a fact. A fact that big Gov't doesn't want every regular Joe to know or figure out. Why? Because then you would have nothing to use as a crutch anymore. No more Robin Hood Battle crys, no more feeling like it's unfair. It's unfair alright, just not to the people the Liberals and uninformed would have you believe.

Under the current tax structure, high achievers are PENALIZED for their success via higher tax brackets and overall payments. A person earning over $150k/yr pays 3 times more than someone making $70K. They don't EARN 3 times more, yet PAY 3 times more. Fair? Hardly.

I still don't understand how someone can't see that if you get 100% of your paycheck and then pay the gov't 23% when you SPEND the money, ie. don't spend, don't pay, is a losing proposition. You are paying 30%+ NOW, so you realize that's MORE than 23%, right? PLUS you will get a credit back for necessities every month on top of that. So that widdles down the total tax burden to below 20%. Look up the current tax tables and see what your maximum income has to be to stay at a 20% bracket TODAY. I'll tell you:

0-7,550= 10%
7550-30,650=15%
Next step up is 25%. So figure that you have to make LESS than 30K/yr to even remotely be close to a 20% tax bracket if all the planets lined up and you had a rabbits foot in your pocket.

Still think the current system is better? If so, how so?