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  #61 (permalink)  
Old 01-09-2009
daddio's Avatar
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Member Since: Jun 2008
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United_States     Virginia

Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by phungus View Post
So when you make a purchase at the store, they check your income and adjust your tax at the register? I call BS. As I said all sale's taxes do is shift the tax burden to the lower income earners. State sales taxes are a terrible idea in their own right, and I'm glad I live where we don't have one, but making it the main source of State income would lessen demand (basic micro economics people), and punish the poor and middle classes, while giving the rich even better ways to evade paying taxes. This is quite possibly the worst economic idea I have ever seen.

It seems to me that there is a fundamental disconect in the purpose of the economy. Conservatives seem to think an economy exists in order to facilitate social stratification, distribution of goods and services is a byproduct. Likewise liberals view the purpose of an economy as a means to distribute goods and services, social stratification being a byproduct. If your goal is to increase the ease of social stratification, strengthening the class structure, then shifting the burden of State costs to the lower income earners makes sense. But for your average Joe, this will do nothing but cause harm.

A pre-bate will be issued in anticipation of actual purchases. Adjustments will be made up if your spending spikes.

A disconnect ? I'll say. The US was never seen as a communist state.
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  #62 (permalink)  
Old 01-09-2009
jviehe's Avatar
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Location: Tallahassee, FL
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by phungus View Post
So when you make a purchase at the store, they check your income and adjust your tax at the register? I call BS. As I said all sale's taxes do is shift the tax burden to the lower income earners. State sales taxes are a terrible idea in their own right, and I'm glad I live where we don't have one, but making it the main source of State income would lessen demand (basic micro economics people), and punish the poor and middle classes, while giving the rich even better ways to evade paying taxes. This is quite possibly the worst economic idea I have ever seen.

It seems to me that there is a fundamental disconect in the purpose of the economy. Conservatives seem to think an economy exists in order to facilitate social stratification, distribution of goods and services is a byproduct. Likewise liberals view the purpose of an economy as a means to distribute goods and services, social stratification being a byproduct. If your goal is to increase the ease of social stratification, strengthening the class structure, then shifting the burden of State costs to the lower income earners makes sense. But for your average Joe, this will do nothing but cause harm.
No, under the Fair Tax, every citizen recieves a check from the govt to prebate any tax they will pay on the spending up to the poverty level. Rich or poor. Can you explain to me, while actually providing facts, not assumptions, how the rich will avoid paying taxes under this system?
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"To take from one, because it is thought his own industry and that of his father has acquired too much, in order to spare to others who (or whose fathers) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, "to guarantee to everyone a free exercise of his industry and the fruits acquired by it."

-Thomas Jefferson
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  #63 (permalink)  
Old 01-09-2009
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
On the other hand, states like Tennessee, which rely heavily on their own sales tax, will LOVE this. If a hundred dollars worth of groceries will now "cost" $130.00, the the state will collect tax on the additional thirty bucks. At 9.75%, that ain't hay!

Everybody, of course, will be THRILLED at the idea that they have to pay tax on the tax.
Except one hundred dollars of groceries will now cost...one hundred dollars. No more embeded taxes. I really dont think you have bothered to understand. I can correct your mistakes all day long, but this would be more constructive if you started with some facts.
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"To take from one, because it is thought his own industry and that of his father has acquired too much, in order to spare to others who (or whose fathers) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, "to guarantee to everyone a free exercise of his industry and the fruits acquired by it."

-Thomas Jefferson
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  #64 (permalink)  
Old 01-09-2009
Secretary of Defense

 
Member Since: Aug 2008
Location: Hohenwald
Posts: 2,187

United_States     Tennessee

Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by jviehe View Post
Except one hundred dollars of groceries will now cost...one hundred dollars. No more embeded taxes. I really dont think you have bothered to understand. I can correct your mistakes all day long, but this would be more constructive if you started with some facts.
There's no mistake. This is legislated inflation.

Your appeal to "imbedded" taxes is based on a willful illusion.
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  #65 (permalink)  
Old 01-09-2009
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
There's no mistake. This is legislated inflation.

Your appeal to "imbedded" taxes is based on a willful illusion.
Based on 20 years of research by economists actually. Feel free to look it up. THey didnt just write this up over drinks one night.
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"To take from one, because it is thought his own industry and that of his father has acquired too much, in order to spare to others who (or whose fathers) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, "to guarantee to everyone a free exercise of his industry and the fruits acquired by it."

-Thomas Jefferson
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  #66 (permalink)  
Old 01-09-2009
EricOKC's Avatar
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
Great!

A 23% national sales tax is the surest way to destroy the US economy, reduce the people to squabbling savages, and render the nation incapable of defending itself.

Will they ship each merchant a copy of the Koran along with his new tax tables?
Ah - so you dont actually understand either the plan, or how much you're currently paying in taxes.

Got it.

Do yourself a favor and stop commenting until you have a clue.
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  #67 (permalink)  
Old 01-09-2009
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
You're making some very large and unsupportable claims about what "will" happen.
Um - no. He is making statements about what is specifically in the bill and would be passed into law. In other words, unlike you, he is working with facts, not fear; intelligence not ignorance.
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  #68 (permalink)  
Old 01-09-2009
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Re: HR 25 - National Sales Tax reintroduced in congress

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Originally Posted by phungus View Post
The only thing I can percieve that this is intended to do is make the very wealthy virtually untaxable.
And how do you figure that? The only way they would be completely untaxed is to buy everything used.
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  #69 (permalink)  
Old 01-09-2009
Secretary of Defense

 
Member Since: Aug 2008
Location: Hohenwald
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United_States     Tennessee

Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by EricOKC View Post
Ah - so you dont actually understand either the plan, or how much you're currently paying in taxes.

Got it.

Do yourself a favor and stop commenting until you have a clue.
I paid over $600,000 in federal income tax last year. I also paid Social Security, MedicAid, property taxes in several jurisdictions, state income taxes in New York, California, and Pennsylvania, state sales taxes on everything I purchased, and various taxes, licenses, and fees for specific property and/or activities throughout the year. I paid for the right to comment.

In fact, the UnFair Tax proposal would save me a lot of money. But it would wreck the economy and reduce millions to poverty, and I happen to think that those consequences would be bad.
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  #70 (permalink)  
Old 01-09-2009
EricOKC's Avatar
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
That's EXACTLY what it is intended to do.
Care to explain how?

Again, do you have a clue?
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  #71 (permalink)  
Old 01-09-2009
EricOKC's Avatar
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
On the other hand, states like Tennessee, which rely heavily on their own sales tax, will LOVE this. If a hundred dollars worth of groceries will now "cost" $130.00, the the state will collect tax on the additional thirty bucks. At 9.75%, that ain't hay!

Everybody, of course, will be THRILLED at the idea that they have to pay tax on the tax.
Um - no. They would charge the tax on the product itself, not upon the taxed amount.....

Again, if you had a clue, you'd know this.
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  #72 (permalink)  
Old 01-09-2009
EricOKC's Avatar
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
There's no mistake. This is legislated inflation.
Care to explain how? Please use actual facts and the actual plan, not your fantasies.
Quote:
Originally Posted by TheHighForester View Post
Your appeal to "imbedded" taxes is based on a willful illusion.
Hardly. It is based upon facts (there's that word again), which is, I am certain, why you do not understand it.
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  #73 (permalink)  
Old 01-09-2009
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Location: Tallahassee, FL
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Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
I paid over $600,000 in federal income tax last year. I also paid Social Security, MedicAid, property taxes in several jurisdictions, state income taxes in New York, California, and Pennsylvania, state sales taxes on everything I purchased, and various taxes, licenses, and fees for specific property and/or activities throughout the year. I paid for the right to comment.

In fact, the UnFair Tax proposal would save me a lot of money. But it would wreck the economy and reduce millions to poverty, and I happen to think that those consequences would be bad.
Im still waiting to hear some facts to back this up.
__________________
"To take from one, because it is thought his own industry and that of his father has acquired too much, in order to spare to others who (or whose fathers) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, "to guarantee to everyone a free exercise of his industry and the fruits acquired by it."

-Thomas Jefferson
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  #74 (permalink)  
Old 01-09-2009
EricOKC's Avatar
President
The one your parents warned you about

 
Member Since: Feb 2004
Location: Houston, TX
Posts: 10,282

Texas     United_States

Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by TheHighForester View Post
I paid over $600,000 in federal income tax last year. I also paid Social Security, MedicAid, property taxes in several jurisdictions, state income taxes in New York, California, and Pennsylvania, state sales taxes on everything I purchased, and various taxes, licenses, and fees for specific property and/or activities throughout the year. I paid for the right to comment.

In fact, the UnFair Tax proposal would save me a lot of money. But it would wreck the economy and reduce millions to poverty, and I happen to think that those consequences would be bad.
First off, I seriously doubt you paid that much in federal income tax, because I refuse to believe you could make THAT much money and be THAT stupid. Besides, according to your profile. you're a history professor, and I dont know of ANYONE in academia making the kind of money necessary to pay over a half million in taxes.

Second of all, if you actually understood the plan, you would find out that most of what you're saying is pure bullshit. You can comment all you want, but please stop making yourself look like an idiot in the process. It is painful.

Third, how would it wreck the economy? In reality, the reduction in the final cost of product combined with a sharp increase in real income would likely improve the economy. In addition, the elimination of taxes on used items would cause a dramatic spike in such things as used car and home sales.
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  #75 (permalink)  
Old 01-09-2009
EricOKC's Avatar
President
The one your parents warned you about

 
Member Since: Feb 2004
Location: Houston, TX
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Texas     United_States

Re: HR 25 - National Sales Tax reintroduced in congress

Quote:
Originally Posted by jviehe View Post
Im still waiting to hear some facts to back this up.
I doubt you'll hear them. After all, he paid over 600K in taxes last year just to federal, on a history professor's salary no less. He obviously knows better than you or I and he should not be questioned.
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