CDZ The "fairtax" (H.R. 25), vs the Fair Share Balanced Budget Amendment

johnwk

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While the ringleaders of the “fairtax” claim the IRS will be closed down, the fairtax is intentionally designed to create two new tax collecting agencies, the “Excise Tax Bureau” and a “Sales Tax Bureau”, not to mention it keeps the “Bureau of Alcohol, Tobacco and Firearms” open for business.

Additionally, under the alleged fairtax, fairtax returns are required to be filed twelve times a year, and Congress has power to require any type of record keeping it wants, however burdensome they may be.

If the Fair Share Balanced Budget Amendment were passed, there would be no more federal taxes calculated from profits, gains, salaries, wages or other incomes, and thus, no need for a federal agency collecting such taxes.

Because of its devastating effects [including a 23 percent tax on the necessities of life], if the alleged fairtax were adopted, it would create a new federal entitlement called the Family Consumption Allowance, and would send a monthly check to qualified families, which would allow them to purchase a rationed supplies of tax free articles. This, of course, makes the poor dependent upon a new federal handout and would encourage them to vote for socialists and progressives who promise to increase the monthly government check.

Under the Fair Share Balanced Budget Amendment each article to be taxed internally is to be chosen and a specific amount of tax may be placed on the article, while the necessities of life are intended to not be taxed, and thus the Fair Share Balanced Budget Amendment does not require a new federal entitlement to be created. Additionally, under the FSBA the marketplace determines the limit of tax on each article selected, which is in harmony with the free market system our Founders created.

While the alleged fairtax ringleaders boast it would end income based taxes, it does not withdraw Congress’ power to lay and collect income based taxes such as the Corporate Excise Tax of 1909. Likewise, it does not prevent Congress from laying and collecting excise taxes on individuals which may be calculated from profits, gains, salaries and other incomes.

By Contrast, the Fair Share Balanced Budget Amendment does withdraw Congress’ power to lay and collect any taxes calculated from profits, gains, salaries and other lawfully earned incomes. In fact, the FSBA returns our founder’s intentions requiring our federal government to raise its primary revenue from taxes on consumption. Is this not what the ringleaders of the alleged fairtax say is their goal?

JWK

To support the "FairTax" (H.R. 25) is to support our Global Governance Crowd and their doings such as Fast Track Trade Promotion Authority, WTO, NAFTA, GATT, CAFTA, and the Trans-Pacific Partnership (TPP) deal ___ all used to circumvent America First trade policies, while fattening the fortunes of international corporate giants who have no allegiance to America or ANY country.
 
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johnwk

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A BBA is a bad idea; unworkable, unwarranted, and the product of those too lazy to engage in government involvement.

Your outlandish opinion is noted.

JWK


There is no better way to weaken, destroy and subjugate a prosperous and freedom loving country than by importing the world’s poverty stricken populations into that country and making the country’s existing citizens tax-slaves to support the economic needs of such an invasion.



 

C_Clayton_Jones

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A BBA is idiocy because it could never be enforced.

Any such ‘amendment’ would require exemptions and exclusions to accommodate a ‘national emergency.’

For example, during a period of economic downturn, such as the Great Recession, government needs to deficit spend to stimulate growth and facilitate recovery.

Those who advocate for a BBA are being childish, sophomoric, and naïve; it’s a pathetic quick fix for a complex issue that is in fact no ‘fix’ at all.
 
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johnwk

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A BBA is idiocy because it could never be enforced.
The Fair Share Balanced Budget is self executing and would make every member of Congress accountable by having to bring home a bill for their state's share to extinguish an annual deficit.


JWK
 

Picaro

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The 'Fair Tax' scam is still alive? lol that's funny. I guess they're still counting on nobody reading it again this time around.
 

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