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.
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!!!
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.
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.....
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.
can you explain it a little better like how much would it increase. dont know much about it and dont really feel like searching
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.
I hate the fact that Im in the highest bracket, while the rich get away with less than 1% taxes. They should pay the same as all of us, if not more.
Im all for the fair tax, or atleast a major reform that would have higher brckets paying an equal % as the others.
As for the IRS, FUCK EM. they are after me for some supposed income from 2001. Thay want SIXTY FUCKEN PERCENT of it paid to them. WTMOTHERF?
Penalties and interest???? Why dont we get penalties and interest for the WHOLE YEAR they hold from us each year?????
Our current tax system is far from fair, and needs to be overhauled now.
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....
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.
Ah, my pops is the same way.... F'ing old people.. Wait I'm old..
does it affect any other taxes like property taxes.
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
Fairtax.org has all the details. If this would happen our economy would be the shit.
I thrive on caffineand HATE
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.
repost.
-IA MGMT is inappropriate.
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thankfully, i have a life and don't monitor IA 24/7 so my basic search proves otherwise.
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.
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?
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
What an informed post... especially post #41. It seems you are the only poster in the thread who knows what's up. While I'm not getting involved in this debate, I have always been wary of the fair tax, figuring that it would indeed slow the economy while hurting the poor. Sure, the idea of no income tax *sounds* nice, but a working model of an idea often yields unexpected results.
And for the dude that said "read the book before you shell out disinformation", Neal Boortz is not the authority on anything economics, or anything at all for that matter. I consider myself a pretty liberal person but still think Boortz is off his fucking rocker with some of the mess he talks. He is a radio host, not a policy maker, for a reason: he can piss people off with his wacked out ideas which make for good radio.
______________________________
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"It is clear our nation is reliant upon big foreign oil. More and more of our imports come from overseas." -George W. Bush
You must...
Because the laws that everyone else follows, don't apply to you.
Good Documentary on the IRS and income Tax made by film producer Arron Russo
http://<a href="http://video.google....3867390173</a>
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http://www.importatlanta.com/forums/...9#post38098929
I'm not feeling the "Fair Tax" because to me the only people actually benefiting are people in the higher tax bracket. Take a college student working a part time job for an example. With the Fair Tax plan, they have to pay 23% on all of their groceries, books, computers, and all the other expenses that they are faced during the time they are in school. Cool, now they aren't paying federal taxes, but they were not paying much taxes to start with because they were not making enough. Tax for tax, they would end up loosing money if their spending habits didn't change. In addition, It seems like the Fair Tax plan would do more harm than good to the economy. Being taxed on what you spend would actually discourage many people from shopping. If people thought gas prices cause people to stop shopping, just imagine how people going to react when everything people purchase actually increases 1/4 the price due to sale taxes.
Just my
At least take the time to understand the plan before you start to spout negativities. The FairTax gets rid of corporate taxes, so stuff you buy in result would become much cheaper. And, once the FairTax is added back on, the item will be the same price as it was before with a possible difference of 2-4%.I'm not feeling the "Fair Tax" because to me the only people actually benefiting are people in the higher tax bracket. Take a college student working a part time job for an example. With the Fair Tax plan, they have to pay 23% on all of their groceries, books, computers, and all the other expenses that they are faced during the time they are in school. Cool, now they aren't paying federal taxes, but they were not paying much taxes to start with because they were not making enough. Tax for tax, they would end up loosing money if their spending habits didn't change. In addition, It seems like the Fair Tax plan would do more harm than good to the economy. Being taxed on what you spend would actually discourage many people from shopping. If people thought gas prices cause people to stop shopping, just imagine how people going to react when everything people purchase actually increases 1/4 the price due to sale taxes.
Just my
It doesn't matter what tax bracket you're in, or how much money you're making, the FairTax will still help you.
Actually, that can't possibly be right. The FairTax is supposed to be revenue neutral, so if somebody is paying less in taxes, that means someone else is paying more. It can't help everyone or it wouldn't be feasable.
You state that like it's a fact. That's the goal but that doesn't mean it's going to happen. Honestly, corporations don't have to lower the prices of their products because they're paying lower taxes. Keeping their current pricing with no taxes will yield a larger profit. I don't think I ever saw a company overlook a chance at higher profit. You know and I know this world is ran off of greed and at any chance a company has to make profit they will. I also call BS, on it helping "everyone" out.
(Why did you assume I haven't taken the time to research? I checked it out and I'm not feeling it. Because my opinion is different then your doesn't mean I didn't take the time to research the topic.)
Ireland has a Fair Tax system. Seems to work fine for them. However they are a much smaller country. I def support it but it would have to be something that happened over time to give our economy time to adjust.
Um, no. Ireland has an income tax system just like we do. The FairTax system is a federal sales tax.
Actually no they don't. They have a form of income tax but it is not they same as ours. They also have a type of fair tax based on what you by that ranges from 0-21% depending on the good or service. Thats what I was refering to.
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