HR 25: The Fair Tax

The passing of HR 25, the Fair Tax, would abolish the excessively abusive intrusive IRS, and put an immediate end to the unlawful unconstitutional application of the internal revenue code and the federal income tax.

The fairtax would support pro-growth policies reducing taxes on businesses, and help make american goods more competitive on the global market, bringing jobs, investment, and prosperity here.  Check out the projection for what it could do for our AUTOMOTIVE INDUSTRY...
(http://www.fairtax.org/PDF/TheFairTaxlowersthecostofUSautomobiles-110206.pdf)

Because the fairtax would lower the cost of american made products abroad (just one example of which being our automobiles), it would promote trade between the United States and other nations, and thus reduce the chances of going to war with other nations, while simultaneously bringing prosperity as well as peace to all parties in question.
(http://www.lewrockwell.com/rockwell/bastiat.html)

The fairtax would allow americans to keep 100% of their income, social security check, and pension.  In addition to elimination of taxation on income, the fairtax would urge, though not force a repeal of the 16th amendment, the amendment allowing income taxes, through HJR 16. 

The FairTax is progressive by exempting all legal, resident, American taxpayers from federal taxation up to the poverty level, through a monthly rebate.  It would also dramatically lower tax rates for low-income and middle-income Americans, and reduce the cost of goods and services by eliminating hidden taxes, while also allowing families to save more for home ownership, education, and retirement in many ways, just one of which is by letting them keep one hundred percent of their earnings!

The fair tax would protect and ensure the funding of Social Security and Medicare, while leaving unchanged the amount of money raised by the federal government. 

In addition, the Fair Tax would free up the time and money wasted on record keeping for the IRS and filling out cumbersome IRS forms, thus helping the government balance its' own budget, while simultaneously ensuring that everyone in the United States pays their fair share of taxes, since many people are able to lobby for loopholes in the tax code that allow them to evade paying their fair share.  Under the fairtax, the tax code would be far simpler and not so easy to take advantage of.

Here is a video you might want to watch concerning the Fair Tax:

http://video.google.com/videoplay?docid=-6998210790119782082&q=fair+tax&hl=en


You can read more about the fair tax at the following website:
(http://www.fairtax.org/)

http://video.google.com/videoplay?docid=-4312730277175242198&q=america+freedom+fascism&hl=en

I really fail to see how a 23% federal sales tax could possibly create the same revenues the government currently gets from income and capital gains taxes.  Now, if the government could somehow spend 75% less money than it does now (wouldn't that be nice?), maybe it could work.  But all that shit in the video and on their website about massive revenue INCREASES due to economic growth I find a little hard to believe.  It's all supply-side economics--which may be fine, but it's completely worthless if you outspend your economic growth.

At any rate, the problems our economy will face in the near future aren't really related to taxation, but to more structural and global problems.

Hey, I have an idea, let's eliminate our progressive income tax and replace it with a regressive sales tax!

That way, a poor family that spends half of their income on taxable items will end up paying 11% of their income in taxes, while Bill Gates, who puts most of his income into investments and real property, will pay less than 1%! It makes total sense, because we're idiots!

>>5
No, it makes total sense because we're capitalists

>>5
Wow, what an idiot.  Did you even read the description? Poor families would get a rebate check for expenses up to the poverty line, and would get to keep 100% of their income.

People should pay for the services they use from the government aswell as a flat tax of the total value of their property a year for defense and law enforcement, since your property would belong to the people who take it from you by force if the law was not enforced and out borders protected.

Rich people don't have a right to their earnings because they are rich, and are thus subhuman and don't deserve to be treated the same as everyone else.

Gay people don't deserve human rights because they are gay, and are thus subhuman and don't deserve to be treated the same as everyone else.

Too many rich faggots.  Thus, we need income taxes and gay marriage bans.

>>3
"Now, if the government could somehow spend 75% less money than it does now (wouldn't that be nice?), maybe it could work."

The government CAN spend 75% less money than it does now.  All it has to do is cut back on unnecessary expenses.  I actually think a tax like the one >>1 outlined would help in the cause to reduce spending, because it allows the public to better be able to see the impact of big-spending in their daily lives & activities.  Right now, there are all sorts of hidden taxes that many people don't even take notice of.  Replacing all of these with a single tax that is right in the public eye would very possibly create long-term public distaste for government overspending and mismanagement, resulting in election of more fiscally responsible governors. 

The government CAN spend 75% less money than it does now.
That's being overly generous, but halting the military machine would go a long way to doing that.

Right now, there are all sorts of hidden taxes that many people don't even take notice of.
That huge wallop the IRS takes off with sure is unnoticeable.

>>10
But you're getting happy services from the government paid for by rich peoples' fortunes. Thus you should be happy! FREE MONEY! WOOHOO!

>>11
"That huge wallop the IRS takes off with sure is unnoticeable."

I'm not saying it isn't noticeable, but I'm saying that there are other taxes to take into account that aren't always seen or apparent.  Consolidating all our taxes into one tax that is in plain view of the general public should raise public awareness about the governments spending habits in what I would percieve to be a positive way.

ミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミ
ミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミ
ミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミ
ミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミ
ミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミミ