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06-04-2018, 02:56 AM #11A Nation Without Borders Is Not A Nation - Ronald Reagan
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06-04-2018, 07:38 AM #12
There is nothing in THE TEXT OF H.R. 25 (the fairtax) to stop Congress from laying and collecting taxes which may be calculated from profits, gains, salaries, and other incomes.
We don’t need 134 pages of legal mumbo jumbo [H.R.25] to reform our federal tax system. We only need to adopt the Fair Share Balanced Budget Amendment which begins:
The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money
JWK
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06-04-2018, 08:23 AM #13
The Washington Swamp Creatures' Socialist FairTax explained
The alleged "FairTax" is intentionally designed to create two new tax collecting agencies, the “Excise Tax Bureau” … and a “Sales Tax Bureau”, not to mention it keeps the “Bureau of Alcohol, Tobacco and Firearms” open for business.
In addition, the alleged FairTax keeps Congress' power to lay and collect taxes calculated from profits, gains, salaries and other incomes alive under Congress' power to lay and collect internal excise taxes.
The alleged FairTax, if adopted, would also put every American household on the public dole with the fairtax’s family consumption allowance. , which would then allow our communists, socialists and progressives in Congress to bribe an overwhelming segment of our nation’s population with a higher family consumption allowance during every election.
The socialist, progressive, communist “family consumption allowance” is a monthly entitlement check sent to every household to allow Americans, especially the poor and dependent, to purchase a rationed amount of tax free necessities of life, which would make voters with limited economic means extremely dependent upon the federal government for their monthly subsistence check!
Were we not warned in the Federalist Papers that control over a man’s subsistence amounts to a power over his will? And how many “poor working people” would have a vested interest in voting for progressives, socialists and communists who would promise to increase the family consumption entitlement during federal elections? Is this not how they stay in power, by offering government cheese?
The alleged FairTax would also make it an offense against the federal government for a person to exercise an inalienable right of mankind ___the right to sell the property they have in their own labor! For example, a baby sitter, lawn care worker, handyman, manicurists, carpenter, roofer, etc., who may want to work private jobs on weekends to meet his/her family’s expenses, must register with government in order to sell the property they have in their own labor, and they must collect a tax for the federal government, file sales tax returns 12 times a year under a penalty of perjury, keep any records Congress may dream up, in addition to being subject to audits which will be necessary for compliance purposes which is what the American people now complain of under existing federal taxation!
I could go on and on about the alleged FairTax, which is a clever scheme cooked up by our Washington Swamp Creatures to tighten the federal government's iron fist around the necks of the American people. But the bottom line is, real tax reform is found in the Fair Share Balanced Budget Amendment, which would actually accomplish real tax reform, and remove the iron fist of the federal government from the necks of the America people.
JWK
“Honest money and honest taxation, the Key to America’s future Prosperity“ ___ from “Prosperity Restored by the State Rate Tax Plan”, no longer in print.
Last edited by johnwk; 06-04-2018 at 08:25 AM.
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06-04-2018, 03:15 PM #14
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"Divide and conquer"?
It adds another government bureaucracy, as John noted. The "FairTax" doesn't do away with the IRS, it adds a new agency.
And as I correctly said, all taxes are paid by "We the people". Businesses are just the method. Some states have property taxes, some don't. Some states have income tax, some don't. But whatever method of revenue source they don't have, they must make up with some other method.
At present, sales tax is collected by businesses and given to government. Income tax is partly directly collected by the government. This "FairTax" would be collected by businesses and given to the government. SO IT IS ABOUT BUSINESSES!
And you claim it will do away with tariffs. Those are business taxes. So you are full of it!
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06-04-2018, 07:41 PM #15
The FairTax doesn't do away with tariffs. It does away with income-based taxes, specifically, payroll taxes for SS and Medicare, corporate income tax, personal income tax, capital gains tax, interest tax, dividend tax, gift and estate tax.
John is wrong, the FairTax eliminates the huge IRS and creates a small bureau within the Treasury Department that collects 50 state FairTax reports per month from the 50 states.
Only retail businesses are involved with the FairTax as collectors and are paid a fee for this service. They report and transmit the FairTax, less their fee, to the states. The states report and transmit the FairTax for their state, less their fee for their service in collecting the FairTax, to the federal government. The federal government collects 50 reports and transmissions per month.
There will be 253 million very complex income tax returns processed by the IRS this year under the existing income tax system.
https://www.irs.gov/pub/irs-soi/12rs...urnfilings.pdf
Under the FairTax system there will be 600 (50 states x 12 months) FairTax collection reports filed with the federal government each year so it's a much better system for the people, no returns, no mandates, much easier system for businesses, who are all exempt, and only retailers who sell to the public have to do anything and they are paid well for their service of collecting the FairTax that is paid by consumers, and good for states with state sales taxes, 45 states have existing state sales taxes, because they're now paid a fee to collect the FairTax on their existing state sales tax reports, adds 2 lines to their forms.
But this thread is about the FairTax and Trade. No, I do not claim the FairTax does away with tariffs. Tariff laws are not changed by the FairTax. The FairTax will balance trade deficits without having to use tariffs, but the government can still use tariffs, existing ones or new ones or different ones, any time it wants to achieve whatever its goals are at the time, because the FairTax legislation doesn't do anything to tariff laws except make them unnecessary to balance our trade deficits.
The purpose of this thread is to encourage Congress and the President to focus on the tremendous advantage the FairTax has with respect to solving trade deficits without all these confrontations and complex agreements over tariffs. We would still need trade agreements for national security, intellectual property theft, currency manipulation and dumping, but you wouldn't need them to balance our trade deficits, that will happen in due course and very quickly with the FairTax.Last edited by Judy; 06-04-2018 at 07:58 PM.
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06-04-2018, 09:23 PM #16
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Originally Posted by JudyThey are free to charge whatever tariff they want on US exports, our exports are tax free under the FairTax, let them have at it.Originally Posted by Judy
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06-04-2018, 09:44 PM #17
Oh my God. You are so lost. First of all, the US does not place tariffs on exports, only imports, the US never has taxed exports with tariffs, only income tax on profits from the exports. The FairTax ends all income tax on export profits, encouraging exports, making our products cheaper overseas even if other countries tax them with tariffs, (which is their choice and right to do, same as our right to tax them with tariffs when we want to), and as our products are cheaper to export, we export more which is one of the many reasons the FairTax balances the trade deficits in due course. Not only does it bring our industries home to produce here, it helps them export more once they come home.
The FairTax isn't about reducing revenues, it's purposefully revenue neutral at the 23% rate which was determined as the rate necessary to be neutrual with income tax rates in effect in 1999 when the FairTax was introduced into Congress, during the Clinton Administration before the Bush Tax Cuts. It will generate more revenue for the government than the income tax. Quite a lot more which will stop the budget deficits and even have enough left over to start paying down the debt while still having enough to properly fund our military and important infrastructure improvements. Because the rate is split between general revenue and SS and Medicare, 14.91% for general revenue and 8.09% earmarked for SS and Medicare, it robustly funds SS and Medicare, they're be rolling in dough to rebuild the trust fund and increase benefits.
You are so grotesquely uninformed about the FairTax and our economy, debt and trade, it's funny really that someone who knows so little would comment so much about subjects they know absolutely nothing about.A Nation Without Borders Is Not A Nation - Ronald Reagan
Save America, Deport Congress! - Judy
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06-04-2018, 09:51 PM #18
Mr. President, please start publicly supporting the FairTax legislation, HR 25 in the US House of Representatives, start talking about it at your Rallies, start Tweeting about it, too. Our country needs this so much and so fast to work US out of this quagmire we're in.
Imagine telling ALL voters, you will never have to file another federal income tax return.
Imagine telling all our businesses, you will never have to file another company or business federal income tax return.
Imagine telling all employers, you will never have to pay another dime into SS and Medicare out of your operating costs or withhold one cent of employee wages out of their checks for federal income tax purposes
Imagine telling all workers, you will never see another federal deduction out of your paychecks of any kind in any amount and will never have to file another income tax return to report your wages and pay taxes to the federal government.
Imagine telling China, Canada, EU, Mexico and China, we don't need NAFTA, we don't need EU, we don't even need .... WTO, because we have the FairTax now and if you sell in our country, your products and services will be subject to the same federal FairTax as the products and services of every domestic US company. You play in our yard, you play by our rules. Won't that be fun?!!
TWEET IT, MR. President. Time to start winning .... BIGLY! HUUUUGELY!!!
FAIRTAX NOW!!! HR 25 in the US House of Representatives!!
Last edited by Judy; 06-04-2018 at 09:59 PM.
A Nation Without Borders Is Not A Nation - Ronald Reagan
Save America, Deport Congress! - Judy
Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn
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06-04-2018, 10:20 PM #19
Judy, out of curiosity, have you found anyone here on ALIPAC that supports your 'unfair' tax plan? I would suggest there is a reason for that. Just saying ....
"The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**
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06-04-2018, 10:34 PM #20A Nation Without Borders Is Not A Nation - Ronald Reagan
Save America, Deport Congress! - Judy
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