Conquer Club

The FairTax:

Enables workers to keep their entire paychecks
Enables retirees to keep their entire pensions
Refunds in advance the tax on purchases of basic necessities
Allows American products to compete fairly
Brings transparency and accountability to tax policy
Ensures Social Security and Medicare funding
Closes all loopholes and brings fairness to taxation
Abolishes the IRS

http://www.fairtax.org/site/PageServer

as i see it corporations dont pay taxes so fairtax will eliminate corporate
taxes bring down the price of goods and services...then people will get 100%
of there whole paychecks...no taxes on savings investment, or education
tuition expenses ...no estate and gift tax...there is so much hidden tax that
we pay to remove it all for a national sales tax of 23% is the best way rich do
buy more then the poor rich also have good accountance that can hide money from
the irs... no more irs no more april 15 ... i suggest everyone read it even the
negitive but until you truely understand the concept of what the fairtax is

The FairTaxSM provides every American family with a rebate of the sales tax
on spending up to the federal poverty level (plus an extra amount to prevent
any marriage penalty). The rebate is paid monthly in advance. It allows a
family of four to spend $27,380 tax free each year. The rebate for a married
couple with two children is $525 per month ($6,297 annually). Therefore, no
family pays federal sales tax on essential goods and services and middle-class
families are effectively exempted on a large part of their annual spending

No.

The FairTax (tm) is the most ridiculously regressive tax possible. A simple flat tax would be more progressive, in that the ratio by which rich people buy less then poor is less steep then simply taxing them on what they've earned. While the income tax is flawed and often flouted, it's way easier on the underprivileged than a sales tax. And I think that's what we should be looking for in our tax code.

Is FairTax going to be the new Ron Paul now Ron is Gone?

Guiscard wrote:Is FairTax going to be the new Ron Paul now Ron is Gone?

Did he die?

Guiscard wrote:Is FairTax going to be the new Ron Paul now Ron is Gone?

RON PAUL CAN STILL WIN!

spurgistan wrote:No.

The FairTax (tm) is the most ridiculously regressive tax possible. A simple flat tax would be more progressive, in that the ratio by which rich people buy less then poor is less steep then simply taxing them on what they've earned. While the income tax is flawed and often flouted, it's way easier on the underprivileged than a sales tax. And I think that's what we should be looking for in our tax code.

Pity we have so many lobbyists or this would already be in effect.

Frigidus wrote:

spurgistan wrote:No.

The FairTax (tm) is the most ridiculously regressive tax possible. A simple flat tax would be more progressive, in that the ratio by which rich people buy less then poor is less steep then simply taxing them on what they've earned. While the income tax is flawed and often flouted, it's way easier on the underprivileged than a sales tax. And I think that's what we should be looking for in our tax code.

Pity we have so many lobbyists or this would already be in effect.

While I appreciate the applause, are you supporting the fair tax? Because I actually was not. Regressive is a bad thing.

I have absolutely no idea what the fair tax is.




So I voted against it.

Ron Paul was just a leader. There will be more people now.

Ron Paul brought the idea out to the general public and it's spreading like wildfire

We will win

spurgistan wrote:

Frigidus wrote:

spurgistan wrote:No.

The FairTax (tm) is the most ridiculously regressive tax possible. A simple flat tax would be more progressive, in that the ratio by which rich people buy less then poor is less steep then simply taxing them on what they've earned. While the income tax is flawed and often flouted, it's way easier on the underprivileged than a sales tax. And I think that's what we should be looking for in our tax code.

Pity we have so many lobbyists or this would already be in effect.

While I appreciate the applause, are you supporting the fair tax? Because I actually was not. Regressive is a bad thing.

Nope, I agree with a flat tax. To clarify, lobbyists add all the extra discounts and loopholes.

Snorri1234 wrote:I have absolutely no idea what the fair tax is.


So I voted against it.

The Fair Tax is a radical reform of the American tax code that's been tossed around for a decade or so (I think) but has been a tad prominent in this election cycle because a few of the Republican nominees (the one remaining being Mike Huckabee) along with the token crazy Democratic candidate (Mike Gravel) have publicly expressed support for the idea. Essentially, as the OP kinda said, it calls for replacing the income tax system with a national sales tax, with caveats for some essential goods and income levels and such.

I personally feel that the income tax code, while obviously chock-full of giveaways and tax breaks and such (I remember reading somewhere that it was essentially impossible to read in a year) is fixable given hard work by Congress equitable to what it would take to completely overhaul the system, although a flat tax would be preferable to the silliness of the Fair Tax.