Fair Tax vs. Flat Tax

Discussion in 'Economy' started by ScreamingEagle, Aug 17, 2005.

  1. ScreamingEagle
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    ScreamingEagle Gold Member

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    The Fair Tax (HR25, S25) seems to have some advantages over Forbe's Flat tax idea. "The original Sponsor of the Legislation Congressman John Linder of Georgia started in the 106th Congress and has included the Bill in the 109th Congress as HR25. Support continues to grow as more people know the facts about the Fair Tax."

     
  2. Mr. P
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    Mr. P Senior Member

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    I've been supporting this for years, it is simple and FAIR. :thup:
     
  3. ScreamingEagle
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    ScreamingEagle Gold Member

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    How would you answer these 5 objections about the Fair Tax?

     
  4. Hobbit
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    Hobbit Senior Member

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    I don't have enough room here to deal with all of those objections, which is why Neil Boortz wrote a book called "The Fair Tax Plan." It addresses all these issues and more. You should read it.
     
  5. ScreamingEagle
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    ScreamingEagle Gold Member

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    I'm just looking for some short version answers. If all you can say is "go read a book" for the answers, then maybe this program is not so simple as it claims and I suspect it will not sell well to the public either.
     
  6. Mr. P
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    Mr. P Senior Member

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    There are no short answers to the convoluted questions you posted. The link below will probably answer them all for you though.
    First you need to pick the questions apart for accuracy. There are some mis-statements in them.

    I have the impression that whomever came up with those questions doesn't understand the program.

    Anyway, as far as the book selling and the public reading it goes....
    #8 on amazon.com best seller list today. It's been at #3, and I understand it's in at least it's third printing.
    Pretty good for two weeks.

    You'll find many if not all answers here....
    http://www.fairtaxvolunteer.org/smart/faq.html
     
  7. Annie
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    Annie Diamond Member

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    Forbes has an article on WSJ Online:

    http://www.opinionjournal.com/extra/?id=110007139
     
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  8. Mr. P
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    Mr. P Senior Member

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    Mr. Forbes doesn't seem to understand the Fair Tax either. That $200,000 home includes the
    $60,000 dollar tax now and then some. These are called imbedded taxes, it's like that sauce Prego,
    it's in there. So, in fact, we wouldn't spend more that $200k for this home and very likely less with the retail sales tax, because the cost of taxes from everyone that touches the home would not be passed on to the final consumer.
     
  9. rtwngAvngr
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    rtwngAvngr Guest

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    Of course, many of the anti human communists in our nation will never go for this, because the taxes collected by government are directly tied to consumption and hence, economic growth. Their aim is to destroy our economy and keep power at the same time, quite a pickle in a democratic country, where people care about their jobs, and jobs for their children. Hmm. what to do? What to do?
     
  10. ScreamingEagle
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    ScreamingEagle Gold Member

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    Quite a quandry for the Left alright...since there are TWO proposals on the table to get rid of the old IRS system that chokes our country financially...and BOTH proposals are bound to create a surging economy. :eek:

    What to do? Probably block them both, be negative, and run another "anti-" campaign as per usual. :coffee3:

    However, between the two, I could possibly see some on the left going for the Fair Tax plan because, not only does it have a more PC-friendly name, it will create a new government bureacracy that has the govt handing out checks every month to everybody. I'm sure this is something they could relate to. :D
     

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