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

[Tracy]

After all we DESERVE it. You guys (the govt) OWE IT TO ME CAUSE I WORK, AND ITS HARD OUT THERE!

Unfortunetly we are in this "entitlement" society that thinks everything is owed to them and they shouldnt have to work for it."

These statements sounds eerily familiar coming from you....just in a different context.

[Alan®]

This is the only person that has a clue how a Fair tax/consumption tax works.

You no longer have ANY INCOME tax. You no longer have any payroll tax. No capital gains tax. No death tax. No double tax. No estate tax. NO TAX other than consumption.

So explain to me HOW the "poor", who BTW PAY LITTLE TO NO TAX NOW, are going to be any more "poor" if they are going to receive their entire paycheck (if they work at all) and then on TOP OF THAT will receive a monthly rebate check for necessities such as FOOD? So the gov't will PAY every month with REAL MONEY for you to FEED your family and YOU pay for what you use thereafter. You also have to consider the fact that all goods and services have an inbedded "tax" ALREADY on them, so therefore it's not going to automatically (as the Dems. want to portray it) raise sticker prices for everything 23%.

For example, an employer now has to pay someone $5/hr partly BECAUSE they have to pay payroll tax, FICA, unemployment, insurance, etc. So if you free up their additional tax burden, they will now be able to either A: Keep paying that position at $5 but be able to hire MORE employees; B: Be able to afford to RAISE that pay slightly and STILL make the same amount or more. Both win-win situations. Same thing will happen with the vast majority of goods and services since they too will no longer have the added taxes they pay now, which we all know are simply passed on to the consumer as part of the price of that good/service.

BTW, Obama wants to eliminate something that doesn't exist.....Capital gains on "small business". Small businesses pay INCOME TAXES, NOT Capital gains. So it's a total "now you see it, now you don't" scheme. It means absolutely nothing to small businesses. NOTHING. Much like telling someone that DOES NOT PAY TAXES NOW that you are going to raise taxes.......hell, what do they care....they don't pay taxes NOW, WON'T pay taxes later, so what do they care.....right? Same thing as the proposal that we are suddenly going to tax the "rich" to ease the burden on the "poor"......the "poor" DON'T PAY squat NOW, so why would they care? It's not going to bring one single dime back into any tax pool because all the "rich" are going to do is pass that "new" cost onto somewhere else......guess where?

Jamie this point has been argued to hell and back.

[tony]

Jamie this point has been argued to hell and back.

Have you seen the paycheck of someone who makes between $20k a year and $35k with no dependents? Just curious.. I could scan a few of mine so you can see how much of my salary went toward taxes.

[Alan®]

Have you seen the paycheck of someone who makes between $20k a year and $35k with no dependents? Just curious.. I could scan a few of mine so you can see how much of my salary went toward taxes.

[tony]

i never said i wasnt for the Fair Tax plan, i just dont see it ever happening with the people we have in power right now.

Something we finally agree on

[4dmin]

fair tax seems like a good plan but i looked into it a while ago and there were still loop holes and many economist say it wouldn't bring in funding we currently do w/ our tax system.

[Vteckidd]

These statements sounds eerily familiar coming from you....just in a different context.

oh contrair

ive always worked hard. If you are promised something and deliver on your end, then yeah the other party should live up to that deal. If you can show you are warranted that "financial" progress, then yeah, you deserve it. Im talking about the people that dont do anything , dont work hard, and think everything is owed to them. I dont fit in that category.

Yeah at 26 years old and after 6 years of working for other people, and realizing that i was never going to be paid what i was WORTH, i took a different route. No reason to be bitter about that.

You seriously dont want to open that can of worms, please. its been quiet, i suggest you just ignore anything you see me post.

We dont have a relationship where you can even think about talking to me.

thanks

[.::UNKNOWN::.]

Have you seen the paycheck of someone who makes between $20k a year and $35k with no dependents? Just curious.. I could scan a few of mine so you can see how much of my salary went toward taxes.

23% and april 15th comes along and i get alil more than a grand back

[BanginJimmy]

fair tax seems like a good plan but i looked into it a while ago and there were still loop holes and many economist say it wouldn't bring in funding we currently do w/ our tax system.

As I said in my first post about the Fairtax, it isnt 100% perfect and foolproof, but I have spent MANY hours researching it and comparing it to the current tax system and I cant find a single portion of the current system that isnt vastly inferior to the fairtax.

[BanginJimmy]

Okay, let me rephrase this question. Who REALISTICALLY is going to foot this bill, not a wishlist of policies that you think should be done to get things resolved. There is a lot I WISH the government would do but I know its not going to get passed. The government doesn't cut spending, that is not the nature of the business.

Again, someones taxes is getting raised, who will it be?

Realisticly NO ONE is going to foot the bill. We will continue to roll deeper into debt without a dramatic cut in spending. The source is highly biased, Neal Boortz, but he was on one of his fairtax rants and he mentioned that tax revenues would need to DOUBLE and it would still take 40 years to pay the national debt, and tax revenues would need to go up by 50% across the board just to have a neutral budget at current spending.

[BanginJimmy]

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.

[Tracy]

oh contrair

ive always worked hard. If you are promised something and deliver on your end, then yeah the other party should live up to that deal. If you can show you are warranted that "financial" progress, then yeah, you deserve it. Im talking about the people that dont do anything , dont work hard, and think everything is owed to them. I dont fit in that category.

Yeah at 26 years old and after 6 years of working for other people, and realizing that i was never going to be paid what i was WORTH, i took a different route. No reason to be bitter about that.

You seriously dont want to open that can of worms, please. its been quiet, i suggest you just ignore anything you see me post.

We dont have a relationship where you can even think about talking to me.

thanks

I am by no means bitter. I think it's funny now.