Return Styles: Pseud0ch, Terminal, Valhalla, NES, Geocities, Blue Moon. Entire thread

Fairtax familiar around here?

Name: Top_Cat 2006-03-08 21:26

so are the people here familiar with the fairtax act? look up fairtax.org and discuss.

Name: Top_Cat 2006-03-20 20:28

>>69
looks like we got a communist class warlord here!
seems to me in your eyes anything that's good for the rich is automatically bad for the poor.

your bash of my post at 68 seems to be nothing more than a "saving money is bad!" statement. with a bit of economic paranoia thrown in. you speak of wealth hoarding as if saved money negates all other cash flow, resulting in disaster. as it is now, money is flowing out of the united states, earing interest overseas.

think of this, where do banks get interest money to pay people with savings accounts? essentialy, the deal is, banks let other people borrow your money, and give you a cut of the interest as loans are paid back. so interest-earning bank accounts ARE money flow! only under the current system, people are sending that cash overseas to avoid capital gains taxes, and making that cash flow work for other countries.

think not? then explain how else the bank can pay YOU to keep your money locked safely away in thier secure building.

and how do you define fairness? i see fairness as equal treatment of all parties. thus the fairtax is fair because everone pays the same way, the govenment gets a cut of all thier luxury spending.

and a progressive tax is thusly UNFAIR, because it penalizes you more the more you earn. how would you like to be paid LESS for overtime, and the guy who only works an hour or two on the weekdays to get paid more? that's the way a progressive income tax works, if you work harder to earn more, you get less buck for your bang as higher precentages of siezure of your money penalize the extra effort.

Newer Posts
Don't change these.
Name: Email:
Entire Thread Thread List