Comments on: Flat Tax vs. Fair Tax

By: Mister Guy

Mister Guy — Fri, 02 May 2008 17:36:54 +0000

Do you really need to ask that question…isn’t it obvious why?

By: Niftytax

Niftytax — Fri, 02 May 2008 16:57:09 +0000

If the FaitTax is so good for America then why is it that the only politicans co-sponsoring it are Republicans?

http://www.fairtax.org/cgi-bin/scorecard.cgi

By: Mister Guy

Mister Guy — Thu, 01 May 2008 01:53:38 +0000

“Taxing your income is a direct violation of our property rights.”

Ever hear of property taxes then? I’m in favor of lowering or eliminating the current taxes on the common types of savings that most regular people can use. We need to encourage more people to save.

“it is by far the fairest of any tax scheme.”

Not by a long shot IMO.

By: Niftytax

Niftytax — Wed, 30 Apr 2008 19:49:37 +0000

I strongly disagree! The fairest of any tax scheme (I call it a concept) is http://www.NoTaxUntilDeath.com It will replace ALL taxes on income, WITHOUT lowering the revenue going to the U.S. Treasury!

Eliminating State sales taxes I’m working on but the elimination of State income taxes is the second step in my concept, then Federal income taxes, then ALL taxes collected by the IRS!

By: Harbinger

Harbinger — Wed, 30 Apr 2008 12:34:11 +0000

The government can only tax us in one of two ways- income or spending (or both). Your money is your property. Taxing your income is a direct violation of our property rights. How can we expect our government to protect our rights if it has to violate them in the process? It conflicts with every principle our Constitution was found on. Taxing trade is the only fair way to tax because it doesn’t violate our property rights and it gives people some control over how much tax they pay.

The problem with any kind of broad tax that applies to both businesses and consumers is that they are applied at every stage of production. They compound upon themselves and cascade though the economy adding a lot of hidden costs to the retail prices of all goods and services. Consumers ultimately pay for all the costs of production so, we might as well just replace these hidden taxes with a single honest and transparent tax on retail sales- a sales taxes.

Sales taxes are flat taxes. All flat taxes are inherently regressive because they burden the poor more than anyone else. To make a flat tax progressive it is necessary to refund the tax for everyone up to the poverty level and the easiest and least intrusive way of do this is by issuing a prebate.

When we combine a sales tax with a prebate, we get the Fair Tax. That’s why they call it the ‘fair’ tax, it is by far the fairest of any tax scheme.

By: dan

dan — Wed, 30 Apr 2008 05:13:51 +0000

fair tax. because i don’t buy a lot of stuff

By: Mister Guy

Mister Guy — Mon, 28 Apr 2008 22:48:25 +0000

You’ll never be able to eliminate all taxes with one uber-tax…lol…

“International competitive pressures from globalization require the United States gets its tax policy house in order”

Just more of the race to the bottom…giddy-up!

By: stevecon

stevecon — Mon, 28 Apr 2008 16:01:59 +0000

Dan Mitchell’s political implementation strategy for the flat tax seems more practical than that which would initiate meaningful tax reform by targeting the 16th Amendment for repeal. International competitive pressures from globalization require the United States gets its tax policy house in order, and fast.

By: Niftytax

Niftytax — Sun, 27 Apr 2008 05:10:36 +0000

Well that’s great…. but http://www.NoTaxUntilDeath.com gets rid of all of those taxes too and your 23% sales tax!
???? property tax, Mediicare??? How is that possiable?

By: Fred Ward

Fred Ward — Sun, 27 Apr 2008 01:38:35 +0000

I started reading several of the replies to the video and then realized that most of you have never read the “Fair Tax” book written by Congressman John Linderman (R-Ga.) and Neal Boortz. You need to read this and especially the latest addition just out. It takes care of the poor people with a pre-bate check. $12 trillion off shore will come back to America when the corporate tax is no longer. All taxes are eliminated! Social Security, Medicare, unemployment, income tax, property tax, and the list goes on and on. Wouldn’t you like to take home your FULL paycheck for a change, without all the withholdings? How about you phone bill or cable bill ? All those local, state, federal and county taxes that are added to every bill! The greatest thing about the “Fair Tax” is that it eliminates the IRS….period.