Dems got the House and maybe the Senate

[{X}Echo419]

It doesn't say anywhere that it won't be taxed but we are discussing personal income tax.. i know if i owned a company i would use all major purchases as company write off's... which can be easily done when you have a staff dedicated to your accounting

now my question is why should a stock boy not be entitled to the same? some will say he is but in reality we all know the truth to that question. I know within 2 years my wife and i will be in the upper paying brackets, but that is expected... You make more you spend more you pay more. Its just how it is. But I don't see the Fair Tax fixing all of our issues.. i'm totaly for it if we have a full proof plan but it isn't there yet nor are we ready to go that route. This isn't a thing we can just try out to see if it works we are talking about reinventing the wheel.

Loop holes will the fall of this system much like our current tax system. If its a fair tax there should be NO loop holes. I'm sorry but multi million dollar churches should have to pay the same in taxes that a mom/pop shop does. The problem is where the lines are drawn on where taxes don't have to be paid.

One other big assumption about Fair Tax is the spending habits... the Top 50% of tax payers pay roughly 95+% according to the 2001 tax break down above. So that Lower 50% is only going to continue to provide 5% of taxes? Sorry but thats a big assumption to this system; just b/c some people make more doesn't mean they are going to be purchasing more and the % will stay the same. I would be awful afraid to see what would happen if they are wrong. (some things would be nice to loose welfare, etc but i education and other things may start to get cut)

ps. that quote was from fairtax.org if i'm not mistaken... i'll have to find it again.

it's a little more complicated than that, but I don't feel like spending the rest of the day typing(I'll spare you and everyone here anymore of my grammar) about the Fair Tax. you should call Boortz and ask these ?'s, or if you Really want I'll BUY the book for you for christmas. seriously.

[Hulud]

it's a little more complicated than that, but I don't feel like spending the rest of the day typing(I'll spare you and everyone here anymore of my grammar) about the Fair Tax. you should call Boortz and ask these ?'s, or if you Really want I'll BUY the book for you for christmas. seriously.

if your gonna buy people books, get me a copy of it lol

[4dmin]

it's a little more complicated than that, but I don't feel like spending the rest of the day typing(I'll spare you and everyone here anymore of my grammar) about the Fair Tax. you should call Boortz and ask these ?'s, or if you Really want I'll BUY the book for you for christmas. seriously.

ok explain but i thought the point of fair tax was to make it easier? i am fimiliar w/ fair tax maybe not 100% on everything but i've read about it and listen to Boortz.

there are loop holes i've already posted them... and there is a big assumption w/ the plan that tax % will essentially be the same as cost are going down on goods. i don't really see that happening. thats just me. I personally don't see any advantage for the Million Dollar man to go this route if he can't write of his house/cars