It's Time to Dump the Income Tax

[CuteOldGuy]

All the income tax does is invade privacy, promote class warfare, and gives politicians a huge vehicle with which to buy votes and obtain donations. Let's dump it for something that makes sense.

From the article:

The FairTax lowers business compliance costs and eradicates the tax wedge that drives up the costs of U.S. goods both domestically and overseas. With the FairTax consumers will pay the actual price of a product or service with no hidden tax components, and workers will keep 100 percent of the wages they earn. The FairTax will eliminate the 15 to 25 percent cost discrepancy manufacturers of American goods face when competing in international trade.

U.S. exports are expensive, and foreign imports are, at retail, cheap. The FairTax levels the playing field. Under the FairTax, imported goods and domestically produced goods incur the same U.S. consumption tax. With the present system, U.S. companies and workers must pay income tax and payroll taxes, but foreign goods enter the country entirely free of any U.S. tax, other than whatever modest customs duties are levied. The FairTax removes all taxes on exports, restoring the international competitiveness of American manufacturers in the global marketplace.

http://www.chicagobusiness.com/artic...the-income-tax

[timpage]

Hair-brained scheme that works best for rich people and corporations.....of course.

[CuteOldGuy]

You know nothing about it, do you, Timmy? And you are too stubborn to learn. 'Tis a pity.

[CJ7]

Originally Posted by timpage

Hair-brained scheme that works best for rich people and corporations.....of course.

anything Mike squirrel teeth Huckabee supports has to be fucked up

read it

http://taxprof.typepad.com/taxprof_b...t_fair_tax.pdf

[CuteOldGuy]

You realize that analysis comes from a company whose ENTIRE BUSINESS is based on explaining the income tax to professionals, don't you, CBJ7? Hardly a fair analysis, and very distorted. If you want facts, go to fairtax.org.

Wouldn't it be nice to have a tax system that didn't have an entire industry built on explaining it to people, and helping them get around the parts that are unfavorable to them?

But no, you'd rather have the tax loopholes for the rich (and they will always be there, regardless of who is in office), the complexity, and the class warfare argument.

Why don't you ask H&R Block, or the SEIU for their opinions, too, if you want an anti-FairTax slant.

[CJ7]

youre an idiot

the tax loopholes can be closed easier than doing away with the entire system...

are you stupid enough to believe the people that benefit from those loopholes, and have basically kept them from being closed as they stand now, are going to allow said loopholes to be closed via another venue ???


yeah, ya are. Never mind.

[CuteOldGuy]

Learn something, CBJ7. You won't sound so stupid.

www.fairtax.org

[i'va biggen]

Maybe it needs to be voted on next election,would guarantee a large turnout.

[CJ7]

the lawmakers that benefit from tax loopholes are going to pass legislation that prevents them from getting said benefits ?

riiiiiiiiiiiiiiight.

[acp5762]

I agree. Fuck Income Tax. Iam not filing for this year.

[Laz]

I would love a change to the fair tax. I have no expectation of it happening since it takes so much power from the politicians.

[timpage]

Originally Posted by CuteOldGuy

You realize that analysis comes from a company whose ENTIRE BUSINESS is based on explaining the income tax to professionals, don't you, CBJ7? Hardly a fair analysis, and very distorted. If you want facts, go to fairtax.org.

Wouldn't it be nice to have a tax system that didn't have an entire industry built on explaining it to people, and helping them get around the parts that are unfavorable to them?

But no, you'd rather have the tax loopholes for the rich (and they will always be there, regardless of who is in office), the complexity, and the class warfare argument.

Why don't you ask H&R Block, or the SEIU for their opinions, too, if you want an anti-FairTax slant.

That's capitalism! Think how many small businesses giving tax advice would be put out of existence because of this new government law that you propose. You hate America, don't you, you commie socialist America hater! I bet you weren't even born here because you clearly don't understand capitalism and the beauty of the market.....you hate the marketplace of capitalism, don't you? Why don't you go back to whatever un-American country you came from and stay in that America-hating country you American hater! You're probably a Muslim too, aren't you? It's always the Muslims....usually the ones from Kenya, that muslim, America-hating country....that you are probably from. You.....

[CuteOldGuy]

They'll find other jobs. The buggy whip makers did.

[joe bloe]

This is a transcript of a show Hugh Hewitt did on the Fair Tax. He thinks it can't work.

http://www.hughhewitt.com/transcript...0-467cddc26b0a

[CuteOldGuy]

Let's try it and find out. We know what we have doesn't work. And I've already commented on the Hewitt piece in another thread awhile back. He's wrong.