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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: Anonymous 2006-03-22 0:20

>>80
That sounds like luck to me.

Name: Top_Cat 2006-03-22 0:44

here are some mubers for you then:
let's say your monthly pay is 1000, and your nesscessities run around say, 700. and you get your prebate of 161 dollars.
now let's throw in some cable for 60, internet sevice for 20 snacks for 10 and 60 dollars of impulse buys for a total of 150 in luxury spending, leaving 311 dollars saved. and your fairtax amount spent at 34.5. and for some reason you want one tax to figure out as another, so it comes out like a 3.45% income tax.

let's give you twice the money at 2000 set your poverty level at 700 again, with your 161 dollar prebate. only this time let's not be so conservative. more expensive apartment for 300 more, high end cable at about 100, super speed internet for 50, 30 of snack foods and a 70 gym membership to burn off those calories, credit card interest of 16. as part of payments on a new car of 150, some high end electronics for 200, and another 175 of other stuff you decided to charge away. leaving you only about 370 in the bank. your fairtaxed spending is 925, with 277.5 fairtax paid. if you want to imagine that as an income tax, it's a rate of about 13.875%

what's all this math point out? well, the richer example saved a little more than the one with half the money, and when we figured what the fairtax income precentage rate was, the richer, more spendy person paid a little over a 10% highert rate. even though IMO turning your fairtax spending into an income tax rate is pointless and absurd.

you can draw a number of things from this example, the most important i think is that it's not your income that determines your tax paid and how much of it makes up your total funds is ebtirely dependent upon your spending habits, not your income, so the poor don't come out disadvantaged by the tax system.

you may point out that the rich won't be so dang careless and make a point of saving more, and a lot of the poorer usually spend all they have. to that i say, well, that's thier fault, and it's probably even why they are where they are. a tax sytem shouldn't be expected to free people from thier responsibilities and keep them from the results of thier own decisions, unless it makes thier decisions FOR them. which wouldn't be a very american system.

maybe you'd like a fairtax system where all money one has saved at the end of the year becomes govenment property. that will teach those dirty saving rich!

Name: Anonymous 2006-03-22 0:50

Hay I haven't responded for a while. I'm the guy with the idea for homeless shelters that get the homeless into work and help them psychologically.

I think things like this should be run like a business integrated with the government, in fact democracies are very much like businesses in which groups compete to gain votes/sales. As a result it is only fair, logical and obviously beneficial to make tax fairer than fairtax and to not tax sales along with incomes, dividends, savings and shares. People should only pay property and services tax depending on where they live and political parties should compete to find the best balance between expense and effectiveness for a particular area and to be as effective as possible. The results would set proper guidelines for how much people and businesses owe society for the environment they are in. Perhaps elements of fairtax should be involved to tax businesses which affect the region, but are not in the region. So a beer factory in another state will have to pay a tax to export beer to a state which has a problem with drunkards.

Name: Top_Cat 2006-03-22 14:21

>>83
glad you're working on your ideas, i have some disagreements however.

first of all, there's NO reson to tax a buesness other than to hide taxes away, or discourage that buisness. i don't think i need to go over again how buisnesses don't PAY anything, they just act as channels for excange.

and your opinion of fairness seems to differ from mine. first of all, property taxes. how are those fair? this adds a special burden specifically for those who own property, and i belive to be fair, you have to treat all parties the same.
a property tax to me is a spite tax, saying that if you own your own home, you shoud be penalized.

and on that note, taxing services and not goods. either one is buisness front. why should a carpenter or mechanic have his prices added to via taxation when his neighbors that sell electronics or garden supplies don't?

i've heard that question asked in reverse, when people ask why services should be taxed. if buisnesses are to act as tax collectors, WHY should one group collect and the other not, just because of a difference in the fom of what is sold?

as for export/import taxes, first let me say i'm wary of making exceptions, as that's how K street lobbyists over-complicated the current tax code. but if that's to be done, such shoud be done as an import tax collected by the place reciving. they're the ones who want to discourage it in the first place.

Name: Anonymous 2006-03-22 16:51 (sage)

stop bumping this thread.

Name: Top_Cat 2006-03-22 23:25

>>85

care to at least post a REASON we shouldn't be discussing what will be the biggest shift of power from the govenment to the people since the constitution was written?

if not, quit spam saging.

Name: Anonymous 2006-03-23 15:06 (sage)

>>86

Because you're the only person who thinks that.

Name: Top_Cat 2006-03-31 14:57

>>87 i'm going to bump, mostly to spite you, as it's probably not far off to assume you're the same guy, who kept cherry-picking sentances from my posts in a poor attempt to disguise the fact you didn't have any good arguments against my points.

Name: Anonymous 2006-04-01 7:01 (sage)

lol dramawhore

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