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Thread: Since Mike couldn't answer (RedGT, willum14pb, JConner, someone???)

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  1. #1
    Patience Pays...
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    Quote Originally Posted by Jaimecbr900
    This is the only person that has a clue how a Fair tax/consumption tax works.

    Understand that my first post wasn't against the Fair Tax, I've never been against the Fair Tax on anything other than the fact it requires the people to hold the government accountable on the 23% sales tax.. (what prevents the government from raising that rate) That is asking a lot of a nation of people who are more concerned with who Britney Spears is dating than tax policy.

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    Proud to be Retrosexual Jaimecbr900's Avatar
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    Quote Originally Posted by tony
    Understand that my first post wasn't against the Fair Tax, I've never been against the Fair Tax on anything other than the fact it requires the people to hold the government accountable on the 23% sales tax.. (what prevents the government from raising that rate) That is asking a lot of a nation of people who are more concerned with who Britney Spears is dating than tax policy.
    Well, many people glob the Fair Tax with a Flat Tax due to both having the common denominator of a defined tax table and no income tax idea.

    Since you guys were discussing "Taxes" I figured we could throw that in since that would resolve the "to cut or not to cut" problem.

    If you instantly were able to inject a gazillion dollars that right NOW we don't even see (money from illegals, money shipped overseas, corporations coming back to be based here which in turn creates a ton of new jobs, even people like drug dealers having to pay into a system they NOW don't pay into, etc) then why would you need to cut or add anything? You should and very likely would be able to collect infinitely more money than you do now via the IRS.

    So again, instead of arguing for or against "tax cuts".....why not do away with "taxes" all together and then it won't ever be an issue? Under the current income tax structure you will ALWAYS have someone pay more than someone else. But under the proposed Fair Tax, people pay WHEN and IF they buy something. So if you want a widget, then you buy that widget and pay your portion of the "taxes" then. If you want to save your money and invest it, then you don't buy the widget and invest the money YOU EARNED. It promotes saving and investing. It promotes equal share of the load. It injects an unimaginable amount of money that we can't even touch right now (illegals, drug dealers, people getting paid under the table, people that cheat on taxes, etc). So just that portion, the money we don't see now, amounts to Billions I'm willing to bet. So what would our economy look like if we poured Billions into it? To add to that, what about the tons of new jobs created when big corporations, many that are American but HQ elsewhere to get those same benefits the Fair Tax would give them, move back here and no longer have to "out source"? Think about it.
    Last edited by Jaimecbr900; 10-07-2008 at 11:10 AM.

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    Moderator BanginJimmy's Avatar
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    Quote Originally Posted by tony
    Understand that my first post wasn't against the Fair Tax, I've never been against the Fair Tax on anything other than the fact it requires the people to hold the government accountable on the 23% sales tax.. (what prevents the government from raising that rate) That is asking a lot of a nation of people who are more concerned with who Britney Spears is dating than tax policy.
    The same thing that prevents them from raising the rate now, absolutely nothing.

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