125e03ff143e887a8bee577895339921

FairTax anyone? https://fairtax.org/active-legislation/h-r-25-fair-tax-act-of-2013

Racer X @ over 2 years ago

Comments (76)

98d7101629a5e7bcbaca8c6c5bd9decc

just glanced at it, but do they define fair?

UndrWater @ over 2 years ago

Cerritos, CA, USA

125e03ff143e887a8bee577895339921

yes

Racer X @ over 2 years ago

Winder, GA 30680, USA

0eda15e8a4a685a0722949782c90e863

what is fair?

AMi @ over 2 years ago

Hagalund, Solna

0eda15e8a4a685a0722949782c90e863

a fair tax would be a big improvement over what we have now but would the same rate apply to all markets?

AMi @ over 2 years ago

Sigtuna N, Sweden

0eda15e8a4a685a0722949782c90e863

Would a person pay 30% tax on both an apple and an Apple?

AMi @ over 2 years ago

Sigtuna N, Sweden

0eda15e8a4a685a0722949782c90e863

It would probably require a 30% tax on fabricated items and a 20% tax on sustenance along with a lower rate of spending to create a small surplus. I personally would probably end up paying more in total Federal taxes but might feel less violated.

AMi @ over 2 years ago

Sigtuna N, Sweden

125e03ff143e887a8bee577895339921

READ THE GODDÃ…MN BILL!!!

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

Sorry...got a bit worked up.

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

There's a prebate allowance for basic needs...cost of food, etc.

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

It's a pretty novel concept that establishes a federal sales tax that's built in to the cost of goods. The tax is collected at the state level.

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

It abolishes the IRS.

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

It creates a tax haven in the US.

Racer X @ over 2 years ago

Winder, GA 30680, USA

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I dig it.

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

https://fairtax.org/about/how-fairtax-works

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

Brilliant!

Racer X @ over 2 years ago

Winder, GA 30680, USA

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shouldn't we pass it to see what's in it first, outside the fog of controversy?

Tjaden Froyda @ over 2 years ago

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that's always a great idea

Racer X @ over 2 years ago

Norcross, GA 30093, USA

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That's not funny just like the Special Olympics isn't funny

Mr. Pink @ over 2 years ago

Strongsville, OH, USA

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Craigslist and silk road 3.0 would become huge...

Tjaden Froyda @ over 2 years ago

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In all seriousness, the feasibility of this Fairtax hasn't made sense to me from a math standpoint. Most of the claims about it being a progressive system assume all income is spent. That isn't true at the higher

Tjaden Froyda @ over 2 years ago

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end. Factor in the capital gains exemption and decreased consumption of new products with the "used" exemption, and I think this plan is doomed worse than Brownbackistan's current implementation.

Tjaden Froyda @ over 2 years ago

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It would definitely exacerbate the income inequality situation. I believe the big losers would be those who are at or near retirement age. That 401 income that would have received a favorable tax treatment is now going to be hit every time you make

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

a purchase.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

B35527b232c45def78db4f6949419182

Agreed Would also pretty much destroy certain retirement plans.

Tjaden Froyda @ over 2 years ago

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it's about time retirees pay their fair share!

AMi @ over 2 years ago

O'Hare, Chicago, IL

5f13389fd6ea4b6de49bacec84ed7d8f

I'm not going to lose any sleep over this. It's chance of passage is slightly less than that of a single payer healthcare system.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

Our tax code is a serious mess though

AMi @ over 2 years ago

O'Hare, Chicago, IL

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I'm convinced that the day after the fair tax was passed, our fearless leaders would begin to issue credits, incentives, subsidies, and any number of prizes that would make it just as messy.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

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They have to justify those campaign contributions.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

We can't keep beating a path down to the same door, it's just not acceptable

AMi @ over 2 years ago

Villa Park, IL, USA

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I think everything in the tax code should have a sunset clause. Make congress revisit it and justify its continued existence. I'll bet there are incentives to promote the manufacture of buggy whips.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

Starting with what we have that should take....about 3 decades to accomplish much easier to scrap and rebuild

AMi @ over 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Just the thought of starting over would have K street salivating.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

The pool of drool has already crested

AMi @ over 2 years ago

Addison, IL, USA

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no system will work at the federal level as long as our system allows Congress to give away special tax favors to those they select.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

C767f03aeb282b9660d8157840047228

That's exactly why our tax code is the current mess. And the influencers that buy tax favors will absolutely not allow the sort of system you propose, Racer.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

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Anyway it's a moot point because Congress has the power to tax. I believe the recent S. Ct. health care ruling brought that lesson home to everyone.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

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Nonsense. Nothing, but a shell game. Do any of you honestly believe you're going to pay less taxes? How will this bloated gov pay for your "windfall"? Will the poor pay their fair share all of a sudden? Wouldn't your fair tax just be increased to

Angelus @ over 2 years ago

Johnson City, NY, USA

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maintain their standard of living? Stop wasting your time with nonsensical "solutions".

Angelus @ over 2 years ago

Johnson City, NY, USA

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Ang,,, The only thing I like about the fair tax is that, by beibg a consumption tax, it causes everyone to pay. That includes illegals, drug dealers, Pink's girls and you.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Oh Wow. That brings up something I've never even considered. What happens with tax exempt organizations? Does the retailer back out the tax? That would be a bit of a hassle. And I'm pretty sure it would open up a whole cottage industry for

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

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forging tax exempt ID cards.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

C767f03aeb282b9660d8157840047228

I would totally go for one of those forged cards. Talk about high stakes.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

Eae801e1796256f6fa36c012423936f7

Read through the "prebates" section of the legislation. This is just another means to promote dependence on big government and attack the middle class. Tax reform is needed, but the "fair tax" is not reform.

Angelus @ over 2 years ago

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Ang,, The prebates are for everyone. Regardless of income. The idea is that it offsets the tax that is charged on essential goods. How does that target the middle class. It's equivalent to the standard deduction in today's system.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

I'm not a fan of the fair tax. I do understand its appeal. At first glance it actually appears to be fair. But as they say, the devil is in the details.

jc @ over 2 years ago

Yellow Springs, OH 45387, USA

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Exactly, but I refuse to play their shell game.

Angelus @ over 2 years ago

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Thanks for your input Kent Hovind.

Racer X @ over 2 years ago

Winder, GA 30680, USA

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Apparently, other shell games are just fine.

Dr. Evil @ over 2 years ago

Hudson, WI, USA

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Like what, evil?

Angelus @ over 2 years ago

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Kent Hovind is a political prisoner; proof we do not live in a free country.

Angelus @ over 2 years ago

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"Render to Caesar the things that are Caesar's, and to God the things that are God's." You'd think that guy would've read the bible. Just more hypocrisy.

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

So greedy and selfish.

Racer X @ over 2 years ago

Winder, GA 30680, USA

Eae801e1796256f6fa36c012423936f7

So we automatically assume Hovind is guilty because of a Bible verse? That verse does not say we are to give ALL our money to the gov. Since when are ministries taxed? Are we to disregard that the first two trials

Angelus @ over 2 years ago

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resulted in hung juries? How about the fact that the prosecutor killed himself after it was found out he was a pedophile? How about the fact that the judge in the case attempted to jail two teachers for praying over

Angelus @ over 2 years ago

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their food at lunch that were only spared because of public outcry to Congress. "For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world,

Angelus @ over 2 years ago

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against spiritual wickedness in high places." More verification of the truth of The Bible.

Angelus @ over 2 years ago

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"Then saith he unto them, Render therefore unto Caesar the things which are Caesar's; and unto God the things that are God's."

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

If Kent had just read that book instead of just thumping it, he wouldn't be in all this trouble.

Racer X @ over 2 years ago

Winder, GA 30680, USA

125e03ff143e887a8bee577895339921

Things don't typically end well for young Earth creationist conspiracy theorists New World Order Illuminati believers. Those guys are doomed. I'd sure hate to be one of those freaks.

Racer X @ over 2 years ago

Winder, GA 30680, USA

C767f03aeb282b9660d8157840047228

Organized religion is the ultimate shell game.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

C767f03aeb282b9660d8157840047228

Actively applying circular reasoning to your argument is another example of playing the shell game.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

Eae801e1796256f6fa36c012423936f7

Just the opposite, actually. "Blessed are ye, when men shall revile you, and persecute you, and shall say all manner of evil against you falsely, for my sake."

Angelus @ over 2 years ago

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On the first one, you play the patsy Angilius. On the second, you are often a perpetrator.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

Eae801e1796256f6fa36c012423936f7

You might want to read The Book of Revelation. All other Bible prophecy has com to pass. The Revelation of Jesus Christ to His apostle John will come to pass.

Angelus @ over 2 years ago

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yeah viper woman!

Mr. Pink @ over 2 years ago

Strongsville, OH, USA

98d7101629a5e7bcbaca8c6c5bd9decc

that one is interesting. I can see a Christian reading that, and intentionally being an as$, so as to be blessed.

UndrWater @ over 2 years ago

Cerritos, CA, USA

Eae801e1796256f6fa36c012423936f7

Depends what you mean by being an @ss. Hovind was showing evolution for the fraud it is and persecuted for it. That verse applies directly to him.

Angelus @ over 2 years ago

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I tend to agree with you regarding organized religion, evil. That's just an excuse for you, though. What's stopping you from reading the Bible and attending a Bible believing church other than your desire to live your

Angelus @ over 2 years ago

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life for you rather than our Lord Jesus Christ?

Angelus @ over 2 years ago

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http://lh5.ggpht.com/mxqeUiQRgUOGsfRT8Sg7uK9I-hSUPtvw5orYKQukf1yDF5h3wkdYGxlJ_qy-bkauQWRyjyRARUvdMq1Fbxvg=w0-h0

[412035] @ over 2 years ago

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What stops me is that I don't believe in the supernatural, Angilius. I have no problems with anyone's belief to the contrary, it's your choice.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

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their choice

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

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...though the irony of that misstatement isn't lost on me.

Dr. Evil @ over 2 years ago

Lakeland, MN, USA

B5542118c2d0317fb8dbad550049edb7

the supernatural is real. problem is, it isn't supernatural at all. it's as natural and ordinary as we are. organized religion is based on covering that knowledge up, because it's quite profitable to dole out little bits to people who don't realize

et in Arcadia ego @ over 2 years ago

Durant, OK, USA

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that they already possess it in it's entirety. but that's hucksters for you. pt barnum would be proud.

et in Arcadia ego @ over 2 years ago

Durant, OK, USA

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