1
15
51
MichaelPlumb, edited by shomas, Caseyatwork, and Bladen
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll taxes with a national retail sales tax on new retail goods and services, creates a household prebate to reimburse taxes payed on purchases up to the poverty level spending, maintains federal revenue at current levels, and, through companion legislation, repeals of the 16th Amendment.
<p>The FairTax plan is a comprehensive proposal that replaces all federal income and payroll taxes with a national retail sales tax on new retail goods and services, creates a household prebate to reimburse taxes payed on purchases up to the poverty level spending, maintains federal revenue at current levels, and, through companion legislation, repeals of the 16th Amendment.</p>
2008-11-24T06:56:21-08:00
4
113
88.5660782157061
1
123
86
The key word is "replace."
8
7.47619047619048
0
2
0.469714616658926
4
763
2009-03-27T20:50:10-07:00
2171
5
96.5119833085555
published
5
2010-01-31T03:11:12-08:00
3489
1
http://www.fairtax.org/site/PageServer?pagename=about_basics_tagline
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
shomas
The FairTax will pass when our grassroots membership grows large enough. We need at least 10,000 voters in each of the 41 districts represented by a Member on the House Ways and Means Committee. We need at least 3,500 voters in every other district across the nation. That totals nearly two million voters, working for passage of the FairTax out of over 130 million registered voters that’s 1.5%.
<p>The FairTax will pass when our grassroots membership grows large enough. We need at least 10,000 voters in each of the 41 districts represented by a Member on the House Ways and Means Committee. We need at least 3,500 voters in every other district across the nation. That totals nearly two million voters, working for passage of the FairTax out of over 130 million registered voters that’s 1.5%.</p>
2008-11-24T16:47:27-08:00
3
99
75.2032728574488
1
104
119
One way to take Action
5
3.47619047619048
0
0
-2.89770478330064
7
763
2008-11-24T16:47:27-08:00
159
1
75.7817585503386
published
8
2010-01-31T03:13:51-08:00
1378
1
http://www.fairtax.org/site/PageServer?pagename=action_main
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
AaronSw
Bruce Bartlett, a top economic advisor to Reagan and Bush, has analyzed the FairTax in enormous detail and thinks it's "deeply flawed", its proponents are "dishonest", and it "simply would not work at all if it were tried, which is why no country has ever attempted to collect all its revenue from a retail sales tax."
<p>Bruce Bartlett, a top economic advisor to Reagan and Bush, has analyzed the FairTax in enormous detail and thinks it’s “deeply flawed”, its proponents are “dishonest”, and it “simply would not work at all if it were tried, which is why no country has ever attempted to collect all its revenue from a retail sales tax.”</p>
2008-11-23T12:56:39-08:00
10
7
-70.9733240821952
98
30
12
Even conservative experts think it's a bad idea
5
2.52380952380952
3
18
10.8654902573294
0
763
13
1
-57.5840243010562
published
101
2010-01-31T03:11:27-08:00
321
-1
http://taxprof.typepad.com/taxprof_blog/files/bartlett_fair_tax.pdf
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
The Svedberg, edited by shomas and mikenel54
The FairTax and income tax are quoted inclusively. For example, if $3 of every $10 of your income pays taxes then you are paying 30%. With the FairTax, if the after sales tax cost is $10, $2.30 went to taxes at a 23% inclusive rate.
If both taxes were quoted exclusively, a 30% inclusive income tax becomes a 43% exclusive tax, and a 23% inclusive FairTax becomes a 30% exclusive tax.
<p>The FairTax and income tax are quoted inclusively. For example, if $3 of every $10 of your income pays taxes then you are paying 30%. With the FairTax, if the after sales tax cost is $10, $2.30 went to taxes at a 23% inclusive rate.<br />
If both taxes were quoted exclusively, a 30% inclusive income tax becomes a 43% exclusive tax, and a 23% inclusive FairTax becomes a 30% exclusive tax.</p>
2008-11-23T17:11:42-08:00
3
67
46.1595397961504
8
70
29
FairTax is quoted as inclusive tax for income tax comparison
3
2.47619047619048
0
0
-3.17562254259502
4
763
2008-12-19T11:43:34-08:00
560
3
45.4601077297459
published
12
2010-01-31T03:13:36-08:00
2301
1
www.fairtax.org
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
johnnycarcinogen, edited by mhalavo
"The consumption tax, on the other hand, can only be regarded as a payment for permission-to-live. It implies that a man will not be allowed to advance or even sustain his own life, unless he pays, off the top, a fee to the State for permission to do so. The consumption tax does not strike me, in its philosophical implications, as one whit more noble, or less presumptuous, than the income tax."
<p>“The consumption tax, on the other hand, can only be regarded as a payment for permission-to-live. It implies that a man will not be allowed to advance or even sustain his own life, unless he pays, off the top, a fee to the State for permission to do so. The consumption tax does not strike me, in its philosophical implications, as one whit more noble, or less presumptuous, than the income tax.”</p>
2009-01-20T11:14:35-08:00
3
0
-4.452335933386
11
10
690
The FairTax may not work in the way in which it is planned
2
2.0
0
8
3.83687721616141
0
763
2009-02-10T06:52:47-08:00
1116
2
1.38454128277541
published
11
2010-01-31T03:06:25-08:00
1315
-1
http://www.fairtax.org/PDF/Honk_if_you_Oppose_a_Fairer_Tax_11-2-06.pdf
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
northcoast2005
I have a FairTax concern that I wanted input on. Since B2B transactions are not FairTax-liable I have been concerned that some individuals will misuse it by claiming to be a business for all transactions. Any thought?
<p>I have a FairTax concern that I wanted input on. Since B2B transactions are not FairTax-liable I have been concerned that some individuals will misuse it by claiming to be a business for all transactions. Any thought?</p>
2009-03-14T07:43:54-07:00
3
3
1.18140867358747
4
6
1339
Protect the FairTax from being abused once enacted
2
2.0
0
1
0.17562254259502
0
763
2009-03-14T07:43:54-07:00
1614
1
3.35703121618249
published
4
2010-01-31T03:08:42-08:00
8033
1
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
Econ_Amateur
If a soda jerk eats a banana ment for sale then the banana police will be needed to enforce the "fair" tax. There is always cheating on sales taxes, at 23% the banana police would be worse then the IRS.
But the best way to cheat will be to send the money out of the country. ... Where they will be free to run our economy as tax free stock holders. Only workers will pay the "fair" tax.
<p>If a soda jerk eats a banana ment for sale then the banana police will be needed to enforce the “fair” tax. There is always cheating on sales taxes, at 23% the banana police would be worse then the <span class="caps">IRS</span>.</p>
<p>But the best way to cheat will be to send the money out of the country. … Where they will be free to run our economy as tax free stock holders. Only workers will pay the “fair” tax.</p>
2009-02-05T13:32:10-08:00
6
1
-13.1702436108866
24
6
909
"Fair" tax creates banana police.
1
2.0
0
4
1.13430890220626
0
763
2009-02-05T13:32:10-08:00
1094
1
-10.0359347086803
published
24
2010-01-31T03:06:57-08:00
7441
-1
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
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2010-01-29T00:23:17-08:00
1378
Econ_Amateur
The builder is usually a corporation. Buying shares will be sales tax free. The house buyer buys shares in the builders corporation tax fee. The corporation then trades the shares for the house to reduce its outstanding share capitalization.
Or
A corporation is formed per new house. The buyer then merges his corp with the house corp.
<p>The builder is usually a corporation. Buying shares will be sales tax free. The house buyer buys shares in the builders corporation tax fee. The corporation then trades the shares for the house to reduce its outstanding share capitalization.</p>
<p>Or<br />
A corporation is formed per new house. The buyer then merges his corp with the house corp.</p>
2009-02-12T00:52:42-08:00
1
0
-0.311991869918699
3
6
950
House sales escape "Fair"tax.
3
2.0
0
3
2.00864670854066
0
763
2009-02-12T00:52:42-08:00
1145
1
3.69665483862196
published
3
2010-01-31T03:07:14-08:00
7441
-1
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
Growlith69
When you have a consumption tax you pay tax on the money that you spend. If you are rich and you buy more stuff or more expensive stuff you pay more tax. PLUS the fairtax issues a prebate to EVERY head of household in the ammount of the predetermined tax burden on necessities. This is a short list, my recommendation is to read the fairtax book. You dont know enough about it to comment my friend.
<p>When you have a consumption tax you pay tax on the money that you spend. If you are rich and you buy more stuff or more expensive stuff you pay more tax. <span class="caps">PLUS</span> the fairtax issues a prebate to <span class="caps">EVERY</span> head of household in the ammount of the predetermined tax burden on necessities. This is a short list, my recommendation is to read the fairtax book. You dont know enough about it to comment my friend.</p>
2008-11-24T21:42:24-08:00
0
21
10.4832296912425
1
23
122
To the guy who thinks the fairtax is a tax cut for the rich
1
1.616
-1
1
-1.81030888945849
3
763
2008-11-24T21:42:24-08:00
165
1
10.288920801784
published
3
2010-01-31T03:14:13-08:00
2640
0
www.fairtax.org
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
AaronSw, edited by shomas and Caseyatwork
The FairTax proposal is actually a 30% tax. That is, if you buy something for $1, with tax it will come to $1.30. Proponents try to minimize this by calling it a 23% tax, since if you spend $1 total, only 23 cents will go to the government. But nobody else calculates sales taxes this way -- it's just deceptive.
So a 28% income tax becomes 38.8% tax and with SS and Med (7.5%) it becomes 55%!
<p>The FairTax proposal is actually a 30% tax. That is, if you buy something for $1, with tax it will come to $1.30. Proponents try to minimize this by calling it a 23% tax, since if you spend $1 total, only 23 cents will go to the government. But nobody else calculates sales taxes this way — it’s just deceptive.<br />
So a 28% income tax becomes 38.8% tax and with SS and Med (7.5%) it becomes 55%!</p>
2008-11-23T12:52:07-08:00
5
3
-20.4448599005494
34
12
10
Proponents mislead people on the size of the tax
2
1.52380952380952
1
7
4.82779205066815
1
763
2008-11-24T16:46:47-08:00
158
8
-14.0932583260717
published
36
2010-01-31T03:02:38-08:00
321
-1
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
newswriter
While those making $15,000 or less would not be subject to prohibitive sales taxes on everything - cars, homes, gasoline, you name it -- it's those making from $15,000 to $200,000 who will make up the difference. Too many deceptions to name -- starting with how 23 percent is a lie. it's at least 30 percent due to deceptive calculations. Stop this priority now. Oppose it.
<p>While those making $15,000 or less would not be subject to prohibitive sales taxes on everything – cars, homes, gasoline, you name it — it’s those making from $15,000 to $200,000 who will make up the difference. Too many deceptions to name — starting with how 23 percent is a lie. it’s at least 30 percent due to deceptive calculations. Stop this priority now. Oppose it.</p>
2008-11-23T20:31:32-08:00
2
0
-13.384483684002
20
8
42
FairTax is yet another way to screw the middle class
2
1.52380952380952
1
6
4.70095440084836
0
763
2008-11-23T20:31:32-08:00
55
1
-7.1597197593441
published
21
2010-01-01T07:34:25-08:00
494
-1
http://economistsview.typepad.com/economistsview/2007/08/the-deceptive-p.html
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
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2010-01-29T00:23:17-08:00
1378
AaronSw, edited by shomas, daveilers, Upgrade, and Jim Gilliam
FairTax as written proposes a 30% sales tax on all purchases. But with a sales tax so high, lots of people will try to get out of paying it. That's why the nonpartisan Brookings Institution estimates that with enforcement it will have to be a 65% tax, Congress's tax experts say 57%, and the Treasury Department says 89%. Whichever it is, it's ridiculously high.
<p>FairTax as written proposes a 30% sales tax on all purchases. But with a sales tax so high, lots of people will try to get out of paying it. That’s why the nonpartisan Brookings Institution estimates that with enforcement it will have to be a 65% tax, Congress’s tax experts say 57%, and the Treasury Department says 89%. Whichever it is, it’s ridiculously high.</p>
2008-11-23T12:53:19-08:00
26
3
-96.7639243955696
123
24
11
Would create a 30% to 89% sales tax on all purchases
4
1.52380952380952
3
17
11.8891605864697
0
763
2009-02-13T15:10:48-08:00
1158
11
-83.3509542852904
published
126
2010-01-31T03:13:01-08:00
321
-1
http://www.factcheck.org/taxes/unspinning_the_fairtax.html
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
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2010-01-29T00:23:17-08:00
1378
Darlene Little
One would question that some brillant person on the endorsing side has figured out a way to game the system. Were there really twice as many people voting on this than any other issue? I do not believe it.
<p>One would question that some brillant person on the endorsing side has figured out a way to game the system. Were there really twice as many people voting on this than any other issue? I do not believe it.</p>
2009-02-11T18:03:35-08:00
1
0
-1.3119918699187
4
3
947
Gaming the system...
1
1.0
0
2
1.04878048780488
0
763
2009-02-11T18:03:35-08:00
1142
1
0.736788617886179
published
4
2010-01-31T03:07:05-08:00
799
-1
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
Recluse, edited by shomas
Buying tax free from outside America is a lye. Customs handle it.
Check the bill HR25 before making a talking point. You'll look smarter
<p>Buying tax free from outside America is a lye. Customs handle it.</p>
<p>Check the bill HR25 before making a talking point. You’ll look smarter</p>
2008-11-24T05:40:44-08:00
2
2
-7.8889481558445
13
5
73
The World supports the U.S. Fair Tax
1
1.0
0
2
0.634686346863468
1
1024
763
2008-11-24T17:59:03-08:00
163
2
-6.25426180898103
published
14
2010-01-31T03:03:19-08:00
1372
0
http://thomas.loc.gov/cgi-bin/query/z?c109:H.R.25:
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378
Taxes
0
150
2008-11-21T19:43:50-08:00
4
0
0
150
0
178
1024
false
Simplify Income Tax Filing but no Flat/Fair Tax
0
0
0
0
9
1712
1712
0
1712
0
1701
-11
1708
-4
15
-922
published
-1
0
28
9
2009-11-28T04:34:13-08:00
1372
Wonderwheel
If you want a fair tax there are only two ways: (1) Either a really progressive income tax with no loop holes or (2) eliminate the power of banks to create money and make the US government the sole authority to create money, then we wouldn't need taxes at all.
If you want a fair tax there are only two ways: (1) Either a really progressive income tax with no loop holes or (2) eliminate the power of banks to create money and make the US government the sole authority to create money, then we wouldn’t need taxes at all.
2009-01-13T11:12:23-08:00
0
0
-0.311991869918699
3
3
653
End taxes by ending Bank power.
1
1.0
0
2
1.86031042128603
1
763
2009-01-13T11:12:23-08:00
807
1
2.54831855136733
published
4
2010-01-31T03:05:48-08:00
537
-1
http://www.populistamerica.com/money_as_debt
Taxes
2
431
2008-11-14T16:10:47-08:00
679
46
11
431
40
6248
763
false
Replace the federal income tax with the FairTax
3
8
0
-1
112
1
1
0
1
0
1
0
1
0
7
163842
http://is.gd/1tBUr
published
0
32
5817
64
2010-01-29T00:23:17-08:00
1378