Comments on: Ezra on the FairTax http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/ The FreedomWorks blog dedicated to lower taxes and more freedom. Tue, 02 Dec 2008 04:31:47 +0000 http://wordpress.org/?v=2.6.3 By: Sickle http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/#comment-74334 Sickle Fri, 18 Jan 2008 18:26:48 +0000 http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/#comment-74334 To be fair, Mr. Guy, these folks have always opposed the Fair Tax, advocating the Flat Tax instead. I think the prejudices you see here are those of the individual bloggers, to be honest. Some seem to support Thompson while others are in Romney's camp. Regardless, I would expect FreedomWorks to oppose Huck just based on their differing ideology, and don't see anything particularly insidious about that. To be fair, Mr. Guy, these folks have always opposed the Fair Tax, advocating the Flat Tax instead. I think the prejudices you see here are those of the individual bloggers, to be honest. Some seem to support Thompson while others are in Romney’s camp. Regardless, I would expect FreedomWorks to oppose Huck just based on their differing ideology, and don’t see anything particularly insidious about that.

]]> By: Mister Guy http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/#comment-74296 Mister Guy Fri, 18 Jan 2008 03:25:17 +0000 http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/#comment-74296 Of course they don't oppose the flat tax...this is basically Dick Armey's website! All they do here is cheer whenever that guy farts. They oppose Huckabee here...that's the important point to remember... Of course they don’t oppose the flat tax…this is basically Dick Armey’s website! All they do here is cheer whenever that guy farts. They oppose Huckabee here…that’s the important point to remember…

]]> By: Trey http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/#comment-74289 Trey Thu, 17 Jan 2008 23:50:35 +0000 http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/#comment-74289 Why I Like Fred: http://www.realclearpolitics.com/articles/2008/01/why_i_like_fred.html That's a good read, and Fred Thompson is for the Optional Flat Tax. Why I Like Fred: http://www.realclearpolitics.com/articles/2008/01/why_i_like_fred.html

That’s a good read, and Fred Thompson is for the Optional Flat Tax.

]]> By: Leonardo http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/#comment-74287 Leonardo Thu, 17 Jan 2008 22:43:29 +0000 http://www.freedomtalks.org/2008/01/17/ezra-on-the-fairtax/#comment-74287 That was a good read, thanks for the link Mr Suderman. The article delivers one devastating blow unique to the fair tax: Evasion. I am from a country that uses almost all forms of taxing: VAT(16%), tax to financial transactions (0.4%), flat tax for professionals (10%) and corporations (35%), and a progressive one for individual income (from 0 to 35%). And I can tell you that only suckers pay the VAT there. Pretty much every transaction is done in cash to avoid leaving a trail, checks are barely used for the same reason. And stores always offer a nice discount of 16% if you pay with cash. Corporations and other enterprises use a multi-tiered accounting system often refered as to A, B accounting where the "A" company data reflects the VAT, and where B data is the real thing, suffice to say that accounting software from the US does not even sell there because it fails to accomadate that reality. One of the most laughgable rationales for the fair tax is that it will finally bring the underground economy to the legit one. Yeah right, the opposite will happen. If people avoid the tax at 16% imagine what will happen here if it gets enacted at the proposed 30% rate (if not more). Another interesting thing from the article and I wonder if you are aware of it Peter, is that the rest of the objections from Ezra, apply equally well to the flat tax proposal from Armey. Does that mean that you oppose a flat tax too ? That was a good read, thanks for the link Mr Suderman. The article delivers one devastating blow unique to the fair tax: Evasion.

I am from a country that uses almost all forms of taxing: VAT(16%), tax to financial transactions (0.4%), flat tax for professionals (10%) and corporations (35%), and a progressive one for individual income (from 0 to 35%).

And I can tell you that only suckers pay the VAT there. Pretty much every transaction is done in cash to avoid leaving a trail, checks are barely used for the same reason. And stores always offer a nice discount of 16% if you pay with cash. Corporations and other enterprises use a multi-tiered accounting system often refered as to A, B accounting where the “A” company data reflects the VAT, and where B data is the real thing, suffice to say that accounting software from the US does not even sell there because it fails to accomadate that reality.

One of the most laughgable rationales for the fair tax is that it will finally bring the underground economy to the legit one. Yeah right, the opposite will happen. If people avoid the tax at 16% imagine what will happen here if it gets enacted at the proposed 30% rate (if not more).

Another interesting thing from the article and I wonder if you are aware of it Peter, is that the rest of the objections from Ezra, apply equally well to the flat tax proposal from Armey. Does that mean that you oppose a flat tax too ?

]]>