Fair Tax
Posted: Tue Feb 10, 2009 7:18 pm
I did a quick search to make sure this hadn't been talked about and saw it really hadden't.
What is your take on the "Fair Tax" system?
What is your take on the "Fair Tax" system?
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So, we keep on keeping on? I don't think so. I also think your doom and gloom is not completely accurate. If it's done correctly, there won't be loopholes for the uber rich to take advantage of. The best part about this, is it allows you control your taxes. I don't know if it's the perfect answer (it probably isn't). But, neither is the "progressive" tax system we have thanks to the 16th amendment.Wedgebuster wrote:Would cause mass unemployment, not only for the IRS, but for all the tax accountants, attorneys, etc.
Besides, the uber rich and powerful have many avenues to evade paying taxes, and the burden currently falls upon the dying middle class.
That should give you enough info to surmise the date when any "flat" or "fair" tax law goes into effect.
I disagree. The IRS will have to regear its staff to handle taxes coming in differently. The accountants, attorneys, etc. will have to do the same thing. Not saying that the same number of jobs will be needed in for taxing the population. It could require more or less.Wedgebuster wrote:Would cause mass unemployment, not only for the IRS, but for all the tax accountants, attorneys, etc.
Besides, the uber rich and powerful have many avenues to evade paying taxes, and the burden currently falls upon the dying middle class.
That should give you enough info to surmise the date when any "flat" or "fair" tax law goes into effect.
I can't argue with that.Wedgebuster wrote:Just sayin', it ain't gonna happen. Those who pull the strings will continue to do so, for their own benefit. It's money guys, money talks.
bobbythekidd wrote:Danefan has been the only guy who has ever asked a question that gave me much pause about how good an idea the Fairtax is. I can't remember the question, but it was legit.
Just like Wedgie said, this won't get passed by "the powers that be" because they would be voting for themselves to no longer be "the powers that be".
It's a logical and equitable manner to ensure ALL pay for the privilege of living in this country without de-motivating people from working more nor businesses from hiring more workers. Due to these reasons, it will never be enacted by our fokked up government.clenz wrote:I did a quick search to make sure this hadn't been talked about and saw it really hadden't.
What is your take on the "Fair Tax" system?
It wouldn't be a regressive tax, because goods and services with inelastic demand (like food, toiletries, etc.) would be taxed at a lower rate than other goods. Because these things make up a higher percentage of the poor's budget, they'd pay a smaller percentage of their money to the government.Wedgebuster wrote:Would cause mass unemployment, not only for the IRS, but for all the tax accountants, attorneys, etc.
Besides, the uber rich and powerful have many avenues to evade paying taxes, and the burden currently falls upon the dying middle class.
That should give you enough info to surmise the date when any "flat" or "fair" tax law goes into effect.