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In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 10:00 AM
A sales tax hits all consumers just as inflation does but both hit the poor the hardest. It is the "prebate" that makes the Fair Tax fair. A person living below the poverty level would, in effect, pay no sales tax out of their own pocket. Since every legal citizen would receive the "prebate" nobody is getting a special favor.
In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 9:50 AM
Many states ratified the 16th amendment after making changes. 3/4 of the states did not ratify the amendment as written but it was excepted anyway.
In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 9:38 AM
"Since the Fair Tax is 'inclusive', it wouln't appear on a sales ticket any more than the flat tax." Where do you get that notion? The federal sales tax would appear on every sales receipt just as the state sales tax does now. As for testing the flat tax vs. the Fair Tax, several states have just a sales tax and can be compared with those which have just an income tax. Plus the Americans For Fair Taxes has spent over $30 million in doing research. Their results are available at www.fairtax.org. I recently rented a room in Chattanooga, TN and got hit with three sales taxes and all three appeared on my receipt. Believe me I noted the increase from $139.00 to $162.98 and so will most consumers.
In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 9:24 AM
The constitution had to be amended to allow the Marxist income tax. Alexander Hamilton was one of our founding fathers and very knowledgeable of the provisions in the constitution. He was also our first Secretary of the Treasury. Since Alexander Hamilton advocated a consumer tax, I do believe that the Fair Tax does comply with the constitution and it not BS as you claim.
In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 9:18 AM
With all the good that can result from the Fair Tax, why has it not passed? The Fair Tax would take power away from politicians and return it to the people. No politician wants to give up power. Some statesmen are willing to transfer power back to the people but they are a small minority in Congress.
In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 9:17 AM
With expanded manufacturing in the US the demand for labor would skyrocket. Unemployment would fall and when the demand for labor exceeds the supply, wages would go up. When workers are taking home 100% of their pay and their wages increase due to demand, they will buy more goods and services. This will increase federal tax revenue and also produce more jobs. More jobs will also result in more consumer spending. The net result will be a huge increase in the GDP. Possibly over 10% in the first full year under the Fair Tax and even higher the next year.
In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 9:06 AM
Income tax is collected by businesses but is passed on to consumers as a hidden tax. No business pays their income tax out of their own profits. Under the Fair Tax that hidden tax would disappear from many American made products. The hidden tax averages about 25% of the retail price. Any American business that has competition will likely drop the hidden tax from the price of their product. The result will be that American made goods will become highly competitive both at home and on the world market. Businesses that have moved off-shore would return to the US under the Fair Tax and many businesses would relocate to the US to avoid income tax. This relocation would result in a huge increase in the number of businesses based in the US.
In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 8:52 AM
How can more than 100% of the citizens pay a consumer tax? Because anyone living in the USA would be a consumer and that includes illegal aliens and tourists who are not citizens.
In response to:

Flat Tax or Fair Tax?

Richard_B Wrote: Jan 31, 2013 8:50 AM
Half of the citizens pay income tax - over 100% would pay a consumer tax. Income tax was proposed by Karl Mark - a consumer tax was advocated by Alexander Hamilton. Income tax began at a very low rate and only on high earners. - a sales tax rate on new goods and services would be self leveling. If the rate is raised and people buy less revenue would decrease and the rate would have to be decreased to get back the revenue. Income tax can not be avoided if one works - sales tax can be avoided by not buying new goods. The flat income tax has been studied and failed. The Fair Tax has had over $30 million spent on studies and is backed by hundreds of economists. Learn all that you can about the Fair Tax at www.fairtax.org
I agree with your fixes. I do not agree with those who advocate border fences. To stop illegal immigration with fences would require that the fences are also erected along our beaches. As the fences got better on land the illegals have taken to boats and come ashore where there are no fences.
In response to:

Official Lies

Richard_B Wrote: Jan 30, 2013 8:40 AM
I have been paying into my Social Security account for 55 years and I feel that since I was forced to pay the tax that I am entitled. I have also paid into Medicare since its inception. A 36 year old person I knew in 1974 was drawing money from SSI and getting Medicaid was "entitled" because he learned how to scam the system while in prison.
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