FOR
AGAINST
Fair Tax
For those of you who understand the concept of the fair tax. Are you for or against it and why? Neal Boortz and John Linder are big supporters of this idea and being a very big fan of Boortz myself, i definately support this idea of getting rid of the IRS and only being taxed on what you SPEND, not what you MAKE.
Werd.. Neal Boortz was like the abusive step-father I never had. But I learned a lot from listening to him.
BTW: I'll bet this gets moved. Too serious for WL.
yea it probably will...but i figured it would get the most views here....this is def the only part of ia I participate inOriginally Posted by Echonova
And yes Boortz is the man, and I have learned a lot from Clark Howard. I listen to both of them on a daily basis. Even though my friends think i'm weird.
Greatest thing about it is that all those fucking illegals will finally have to pay taxes like the rest of us.
Last edited by soulassassin; 08-31-2007 at 11:40 PM.
I thrive on caffineand HATE
HELLLLLL YESSS! thank you for making that point. I forgot to include the illegals in my orig. post.
can you explain it a little better like how much would it increase. dont know much about it and dont really feel like searching
Clark Howard is a cheap bastard.... I can understand saving money, but damn... I'll bet he rations toliet paper in his house.... That he took from the hotel..... That he saved a $1.99 on by staying in the ghetto.... Plus it was on the bus line so he didn't have rent a car....
You pay, we all get off scott-free.
Basically, instead of paying an income tax, you will pay 23% tax on whatever you PURCHASE. So yes, a 100,000 house will cost you 123,000 but you wont have to pay income taxes of 33% (yes that is the top income bracket) or a few % less. So no more IRS and that bullshit, plus illegal's are forced to participate.
So if you go to the store and spend $1, it will cost you $1.23, it sounds bad but if you read Neal Boortz's book it makes sense.
yea, he definately is a cheap bastard, but he's also a rich bastard.
I view him the same way i do my step-dad. My stepdad is the VP of St. Mary's Medical Center making 500k a year and drives a 99 Toyota Camry with 160,xxx miles on it because it still runs and he dosen't see the need to spend money on a new car when the one he has runs fine.
does it affect any other taxes like property taxes.
Ah, my pops is the same way.... F'ing old people.. Wait I'm old..
Fairtax.org has all the details. If this would happen our economy would be the shit.
I thrive on caffineand HATE
I don't believe it would do away with property taxes (because they are state and local, not federal taxes). But then again I am not an expert.
Everyone should order this book...
http://www.amazon.com/Fair-Tax-Book-...8621813&sr=8-2
All other taxes would be ablolished
I thrive on caffineand HATE
repost.
-IA MGMT is inappropriate.
amen. it would give the power back to the people and less to the govt. making our economy grow........ But the f'n democrats are stopping the process, and trying to put an end to republican/liberal talk radio hosts, whom are the main supporters of this idea.
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thankfully, i have a life and don't monitor IA 24/7 so my basic search proves otherwise.
Maybe you should have figured that there is a lready a goddamn thread about this very same topic in the right goddamn section. Later, QD.yea it probably will...but i figured it would get the most views here....this is def the only part of ia I participate in
FOR MORE INFO, CLICK THE PIC!!!
The Bahamas have "fair tax". The way it works is you have 2 taxes. Sales taxes, and import taxes. Import taxes are 75% of the price of the import, so if you buy a car for $10K, you really pay $17.5K. And sales taxes are usually about 35%, not 23%. What happens is that most people go back to a bartering system, and the economy moves very slowly (compared to what we have here).
For example, in the Bahmas, most people don't buy a house, they buy a lot of land (obviously costs a lot less, so less taxes), then they trade out services to get the slab poured, then the blocks set, etc. It usually takes them years to get the house done.
When looking at changing an economic system, you have to look at other systems and see the ramifications that the choices have. Boortz does NOT have experience in that, so I would NOT listen to him on this idea.
Our country would be inserious trouble with out massive amount of debt IF the economy was slowed down significantly as it would be through the changing of our current tax process. Our trade deficit would put us into the status of a bankrupt government, similar to Argentina.
wow really? go read the book before u shell out disinformation.
-IA MGMT is inappropriate.
As much as Im a supporter of fairtax.... This must be the dumbest shit i ever heard.
Illegals pay taxes now... skipy.
Do you know how much money the IRS keeps every year due to illegals working under different names? MILLIONS AND MILLIONS...Even though it was all money earned illegally, they still had to bust there ass and WORK for it.
Do you think they dont buy nothing in this country? They may spend more money then you do... im willing to bet..
They still have to pay taxes on shit they buy on a day to day basis.....
the damn europeans changed their entire goddamn currency, so why couldnt we change the way we are taxed..... missionary to doggy style....
why in the hell do you think we kicked Britain's ass in the first place.
our economy would skyrocket if this tax was put into effect. AND you would ONLY pay taxes on NEW goods. if its used then its not taxable because the tax for that item has already been collected. UNLIKE the way it is now.... you ate taxed 7 different ways on the same fucking thing.
FUCK THE IRS!!!!! its time to return the favor, ill even give em some ky. bitches
How about NO TAX???
Anyone care to enlighten those who think the IRS is a legitimate taxer, why it was introduced and why it hasn't yet been done away with? (I don't have the patience)
Most people don't know that with the amount of fuel tax we pay, there's more than enough to pay for new roads, etc, (where we usually see the "your tax dollars at work" bullshit claim).
for there to be no tax the government would have to "officially" become a business. taxes suck but the fair tax would make it a little less shitty
taxes now > Fair tax. People should put more effort into making the government to spend our tax dollars wisely.
2006 Evo IX - Bolt ons
Have you been there? I have and have seen it in action. I've also seen how different taxes structures work in quite a few countries - from actually experiencing it. Flat tax structures based on consumer spending encourage bartering - plain and simple. The biggest advantage IMO is that corporate taxes SHOULD be eliminated - thus moving more companies HEADQUARTERS to the US - but not necessarily their manufacturing.
SL65AMG, do you really think that our government wouldn't screw up any transition to another tax platform? How do you think the economy would skyrocket? Do you really think that they will just drop income tax as a source of revenue? Why would they? They would implement this tax plan like many others (toll roads, specialty taxes), and then never stop the income tax - just lower the amount collected a little bit initially. It is a common tactic of our government. All we would be doing is getting taxed more.
Hell, Georgians can't even get the state to stop the toll on 400. You do realize that it should have already stopped, right?
So do we, Skippy..... While the American citizen (who plays by the rules) will do a job for $11.50/hr and illegal will do for $8.50. Why?? Because the government isn't in his paycheck. No FICA, state tax, social security, no insurance, nothing and why should they? We make it too easy for them. Our system is designed to cater to them. Can I walk in a hospital and get healthcare for free? No. Why? Because my social security number isn't 777-77-7777. Do illegals pay tax? Sure, on some level they do. Do they pay enough to carry the burden they put on our health, welfare, prison and school systems? Not even close.As much as Im a supporter of fairtax.... This must be the dumbest shit i ever heard.
Illegals pay taxes now... skipy.
Do you know how much money the IRS keeps every year due to illegals working under different names? MILLIONS AND MILLIONS...Even though it was all money earned illegally, they still had to bust there ass and WORK for it.
Do you think they dont buy nothing in this country? They may spend more money then you do... im willing to bet..
They still have to pay taxes on shit they buy on a day to day basis.....
thank you! + as many as my "noob" ass can give you (even though i've been on this site since it started under diff. usernames since i can't remember passwords)
and fuck Hitlary Clinton with the socialized medicine.
No one really knows how many illegals pay taxes because so many employers pay them under the table, it's all guesswork. Federal payroll taxes are collected if an illegal happens to be on the books (with a fake SS#), but the "fact" that this is how it is for most illegals is made up by liberals. Assumptions are made about how many illegals are paying taxes vs. being under the table, that's it. The Fair Tax will capture money from the off the books workers, too. And they won't get a prebate since they're here illegally - so maybe they'll GTFO.As much as Im a supporter of fairtax.... This must be the dumbest shit i ever heard.
Illegals pay taxes now... skipy.
Do you know how much money the IRS keeps every year due to illegals working under different names? MILLIONS AND MILLIONS...Even though it was all money earned illegally, they still had to bust there ass and WORK for it.
Do you think they dont buy nothing in this country? They may spend more money then you do... im willing to bet..
They still have to pay taxes on shit they buy on a day to day basis.....
plus we would collect taxes from tourists as well.
-IA MGMT is inappropriate.
That's true, right now states collect money from tourists in the form of bed taxes at hotels, Florida gets a lot of revenue from that. People in the tourism industry may worry that their business will decline because a national sales tax would turn off visitors from other countries. But right now the dollar is so weak against other currencies that even with a nat'l sales tax it would still be very cheap for foreign tourists.
never thought about the tourist aspect of it. Boortz has also never said anything about the effect on tourism, maybe i will hit redial 197103743 times until I get through to the radio station tomorrow and ask him
edit: Tuesday since tomorrow is Labor Day
Last edited by JConner; 09-03-2007 at 01:08 PM.
What a heavy debate, im undecided
I don't think it will hurt the tourism industry at all. And it opens up a huge new line of revenue, I really hope the Fair Tax can be enacted.
^^ I think it will, if a disney ticket suddenly costs $ 84 + 23% tax........
I got free clear tails with my ride.....
Everything will cost more because of the tax, but we'll have more money in our pockets because there will no longer be federal income tax. It's revenue neutral, meaning it doesn't change the amount of money the gov't brings in. So for tourists who live in the USA nothing changes. For tourists from out of the USA they'll be paying more. But the dollar is so weak vs. the euro, the pound and every other currency that it will hardly make a difference to them - vacationing in the USA is ridiculously cheap for them.
Since large companies won't have to pay as many taxes, won't the prices of most things drop a little to offset the taxes we are charged?
That's the theory. I have a hard time believing it, though. That's my one real problem w/ the fair tax. It assumes that companies won't take advantage of an opportunity to increase their profits.
but with competition they really wouldn't be able to. the invisible hand would keep it status quo. boortz has talked about the tourism aspect as well.
people read the book. also read this book somebody's got to say it.
-IA MGMT is inappropriate.
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