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07-01-2015, 07:02 PM #11"The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**
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07-01-2015, 07:03 PM #12
Your friend is mostly right. In the USA, and many other countries, land is owned "fee simple". This is remnant of feudal government. The underlying principle is that a person owns land subject to the consent of the sovereign--whether the sovereign is a monarch or democratic republic is a separate issue. The Fifth Amendment was a compromise between the founding fathers who supported fee simple ownership and those who supported allodial ownership.
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07-01-2015, 08:50 PM #13
Of course! And the reason is the FairTax more than any other single piece of legislation ever presented to the American People shuts down illegal immigration because unlike your beloved income tax that funnels out EITC to illegal aliens when they've paid no tax to begin with, no illegal alien receives the FairTax Rebate, but is required to pay the 23% FairTax on all new goods and services which means they can no longer afford to work here by undercutting American Workers. The FairTax also taxes all imports that end up as a retail new good or service in addition to any tariffs they are responsible to pay, which means our domestic producers not only now have an equal playing field, they have a definite cost advantage. Thirdly, the FairTax for all practical purposes shuts down these 501 C 3 phony tax frauds because under the FairTax, they're treated the same as any other business.
Not only will our industries and investors start roaring home, our workers will be getting the jobs they create and National Council of La Raza will be out of business due to lack of funds.
The FairTax Act of 2015 is HR 25 in the US House of Representatives and S 155 in the US Senate.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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07-01-2015, 10:13 PM #14
The unfair tax plan is a bad plan. Oh, and the 23% tax you're talking about is a false talking point because almost every article not affiliated with FarTax.org clearly shows the tax will be 30%. I've also seen it said, repeatedly mind you, that the tax will eventually climb higher because the 30% won't end up being high enough to fund government. All the information you provide comes directly from FairTax.org. Perhaps you should broaden your research to include some unbiased opinions, facts, numbers, etc. on your beloved tax plan. Just saying .....
"The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**
Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts athttps://eepurl.com/cktGTn
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07-01-2015, 11:45 PM #15
Yes, the 23% rate is an inclusive rate just like income tax rates and part of the price the same as the income tax rate is part of earning and, wages. It's not an add-on to the price just as the income tax is not an add-on to income earnings. They did it that way because the FairTax is replacing the income tax. The Rebate for a household based on the number of adults and children is like the personal and dependent deduction available for your income tax return.
The FairTax rate of 23% was established in 1999, to replace the income tax on a revenue neutral basis, that is of course before the Bush Tax Cute, so the FairTax will generate more revenue than the Bush Tax rates are generating, but no the rate was not set to increase revenues only replace the revenues generated by the income tax. As to funding government, the income tax has never once funded the government in its 102 year history which is why we have an $18 trillion and soaring national debt under the income tax. The 23% FairTax rate also funds Social Security and Medicare, with 8.09% of the 23% tax rate ear-marked for SS and Medicare and at that rate on new goods and services, the FairTax provides robust funding for Social Security and Medicare.Last edited by Judy; 07-01-2015 at 11:47 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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07-03-2015, 01:31 AM #16"The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**
Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts athttps://eepurl.com/cktGTn
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07-03-2015, 02:06 AM #17
MW, not one of my posts about the FairTax has come from the FairTax website. It's a good website with lots of information for people seeking information about it which is why I post the link. However, all my posts, writings and comments are drawn from having read HR 25 numerous times, my own educational background in political science and economics, and my own professional work experience in the fields of industrial development, corporate manufacturing, and small business.
I've read most of what the Anti-FairTax lobby has written and posted on the internet. I know their vested interest in the income tax because they are the ones who make money off the income tax system, while our nation and people sink under it.
I don't know why you would want to associate with that,, but of course, that is your choice to do so.
I apologize for the run-on paragraphs but there is some problem with my posting features. William is working on a fix, and hopefully they'll be easier to read when the problem is solved. It started tonight around 8:15. Does anyone else have a problem?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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07-03-2015, 02:09 AM #18
Well, it appear the paragraph spacing problem is resolved, so as soon as I have the control buttons for bold and quotes and so forth plus the ability to edit posts, then we'll be back to normal.
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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07-03-2015, 02:20 AM #19
The law says it's 23%. What you pay is 23%. What retailers send to the states is 23%, less their fee. What the federal government receives is 23% less the fees to the retailers and the states. If a retailer charges you 30%, they've cheated you. Call the law and turn them in.
If you pay a retailer $300 for a new television, 23%, not 30%, of that payment will be FairTax charges shown on your receipt, and that 23% forwarded to the state less the retailers fee. If any retailer tries to charge you 30%, they will have violated federal law.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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