CVille Dem's picture

    Fair Tax

    If they had, they would not be referring to it as a VAT Tax. 

    Regarding Social Security and its threatened demise:  Recently people became so concerned about the latest Supreme Court decision regarding eminent domain, that they made their concerns know en masse. Politicians are now falling all over themselves to pass laws prohibiting this abuse of power.  Don’t you think the American People would be up in arms if the politicians tried to abolish Social Security?  We all have a responsibility to keep an eye on Washington and let them know what we expect of them.

    How many people do you know who actually know what they pay in taxes?  Most people can only tell you how much they “got back” or “had to pay”, and don’t have any idea how much was actually withheld from them.  If people don’t know what they are paying out of their own paychecks, do you think they know anything about how much corporate taxes actually cost them?  Corporations pass their taxes on to the consumers; they have too to stay in business.  The Fair Tax would make sure we all know exactly how much we are paying every time we go to the store.  It will also make it much more difficult for politicians to raise taxes.

    Under this bill, truly poor people will be relieved of all Federal Taxes by receiving a check at the beginning of every month equal to the tax burden on the necessities of life, as currently outlined by our government.  The very rich, who don’t pay taxes now, will actually be paying taxes.  This argument that they will just find more tax shelters shows just how clueless some of these authors are.  If you pay no tax on income, how exactly would a tax shelter benefit you?  If someone is spending a lot of money on new retail goods and services, they pay a tax on all of it.  End of story.  What’s not fair about that?

    I also read one that blog that claims the more you make, the lower your effective tax rate.  Isn’t that the way it works right now?  Under the Fair Tax, if you don’t spend, you don’t pay taxes.  If you grow your own groceries and buy only used goods, you don’t pay taxes.  So in other words, those of us who make less than $40,000 per year can by good quality used cars, used homes, used furniture, etc and pay taxes only when we buy some new like clothing at WalMart.  The rich on the other had, who like new expensive homes, cars, clothing, etc. will pay taxes on just about everything they buy.  By doing so, the rich will be the greatest contributors to our tax base, not to mention foreign tourists, drug dealers with 20 lbs of gold around their necks and gangsters who wouldn’t be caught dead in something used or even something from WalMart!

    Read the bill and make up you own mind.

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