YouTube - ABC News Republican Debate from Iowa - Part 5

Great to see that this issue is really gaining momentum. It is now showing up at all campaign forums, has a record number of sponsors in congress, and is being supported by many Presidential candiates, D and R. Will it have an impact on voting? Probably very little. I for one am not casting a vote for anyone who does not pledge to work to pass it.

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http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.

If this is the beginning of a change in the US tax laws towards a fair system then that is good news.

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Serious Quotes:


Funny But True Quotes
Those who argue for complete secularism are funny. They see what government does and then argue that we don't need it to start with prayer.

Being a fiscal conservative, I have to say I do like the idea.

I'm not going to let it dictate who I vote for this time around, but would like to see more publicity and investigation of the tax system so that it might be implemented in the future.

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Screw Change!! Let's have a Seamless Transition of Power and Policy.. John McSame in 2008!

This debate has been with us for decades, and I'm certain that it will be going on for many more to come. This debate is meaningless without addressing what our taxes are being spent on.

I certainly don't think low income families who are tax exempt would consider the "fair tax" very fair.

You want to reduce or eliminate income taxes, we're going to have to reinstitute our tariff system; we're also going to have to take the "industry" out of defense. Just think, without the "military industrial complex" we wouldn't be in Iraq.

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"Shake off all the fears of servile prejudices, under which weak minds are servilely crouched. Fix reason firmly in her seat, and call on her tribunal for every fact, every opinion. Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear."

"An honest man can feel no pleasure in the exercise of power over his fellow citizens."

-Thomas Jefferson

The fair tax is not about correcting govt budgeting, only in reducing the complexity of the tax system. Even if we stopped spending billions on defense the inefficient tax system would still have to be reformed. It is two seperate issues.

And yes, low income families would think the fair tax is fair because like everyone, they get a prebate for the taxes paid on spending up to the level of poverty. They also pay no tax on used goods, including houses, and they recieve their entire pay check, with no taxes taken out. Their effective tax rate is 0. Then there are many other benefits. Side effects such as job creation, lower consumer prices, not needing to file tax returns, etc.

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http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.

We've got three candidates supporting it: Huckabee, Tancredo, and Gravel.

Huckabee is the only one of those three that has a shot at actually winning the Presidency, so Fairtax supporters should give him a long look.

I would probably vote for him in the General. Beyond the Fair Tax even he is a candidate I agree with.

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http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.

So what do you do about returned goods? Say I buy a Plasma TV, and bring it back, I get a refund, and buy another returned Plasma TV, would I still pay a sales tax for purchasing a used Plasma TV?

I think there are too many ways to game a sales tax only system, for people to completely avoid paying any taxes--at least as I've heard it described to me.

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"Shake off all the fears of servile prejudices, under which weak minds are servilely crouched. Fix reason firmly in her seat, and call on her tribunal for every fact, every opinion. Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear."

"An honest man can feel no pleasure in the exercise of power over his fellow citizens."

-Thomas Jefferson

It would be no different than it works now. Refurbished models sold at stores are not tax exempt. I don't see why people have to make it so complicated.

There are already a myriad of ways to defraud the government with respect to income tax...can you imagine how many arguments there would be against the current system if you were starting from scratch and hearing pros and cons of both systems.

BTW thanks for the link.

There were. It required no small amount of lies and subterfuge to get the 16th amendment passed.

And I'm not referring to the conspiracy theories about this or that state not ratifying. I'm refering to the Big Lie told by the income tax supporters that the tax would only be 5% and it would only apply to the rich and that there would be no invasions of financial privacy to enforce it.

hey listen guys the Fair tax is a great thing. and i support it and Mike Huckabee supports it. let me tell you a little about mike he is one of the nicest guys around. He is Honest and Trust worthy. And he has the Interest of the American people in mind. if you do support mike huckabee go vote for him in this pole StrawPoll08.com The Epicenter Of The 2008 Presidential Election he really needs our help to win the iowa straw pole. so show your support and vote for him in this online thing.