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Posted 2008-02-13, 06:33 AM in reply to Adrenachrome's post "No More Federal Income Taxes"
It's a joke. These guys are just wanting tax cuts because their rich cheap bastard asses are tired of paying taxes, and too stupid to open foreign accounts because they're too American.

It is not in fact, the most researched tax reform plan, that's simply bullshit.

They do have a few good points within the book, but realistically if something like the "Fair Tax Plan" went through...

Although the FairTax would eliminate the filing of all individual tax returns, the FairTax turns every business into a tax collector. Every small service business and every Internet business that does not currently collect state sales taxes will have to collect taxes for the federal government. Every doctor will now have to charge sales tax on his services. Where will this end? Will the neighborhood boy who mows lawns have to begin collecting federal sales tax on each lawn mowed? Will the neighborhood girl who baby sits have to do likewise?

The national retail sales tax rate under the FairTax plan is 23 percent. That is on top of state sales taxes that are currently collected by forty-five states. That is on top of the sales tax that many cities and counties also collect.

That is on top of the special taxes that exist on hotel rooms in most areas of the country. I suppose that a national retail sales tax would also apply to gasoline. There is no mention of the federal gas tax anywhere in the Fair Tax Act of 2005. No list of taxes that are supposed to be eliminated under the FairTax includes the federal gas tax. Does this mean that there will be an additional 23 percent tax on each gallon of gasoline?

Seriously, you need to educate yourself a bit before you go around boasting this fairtax, look at what it actually stands for and comprehend what it actually means. If this we're to get passed, it would only be helping out the wealthy sleezeball republicans that don't want to pay any extra taxes, ever.














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