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Thread: The fairtax vs the Fair Share Balanced Budget Amendment

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  1. #31
    MW
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    Senior Member MW's Avatar
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    Wow, will this broken record player please stop spinning! It's giving me a headache.

    "The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**

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  2. #32
    Senior Member Judy's Avatar
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    So there will be no records. Crime syndicates will be elated!
    There are no "records" submitted with an income tax return now. For the businesses who collect the FairTax, they're subject to both state and federal audits of their business records which they keep at the business, the same as businesses do with the income tax.

    States that have sales taxes, 45 of them, will be handling the FairTax in their state and they're very good at this. They've been doing it a long time, they know their territories, all the businesses in their territories, they know the Sheriffs and the Police, they know what's going on, all the tricks, who is up to what and their competitors know what's going on too and report them. I really think there will be less cheating under the FairTax than the income tax.

    Why do you care what someone else is doing anyway? So long as you didn't cheat, what is it to you?!
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  3. #33
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    Quote Originally Posted by Judy View Post
    There are no "records" submitted with an income tax return now.
    Not submitted with a tax return. But businesses in their returns show sales and purchases, and notify who they sold to. That record can be compared by IRS to claims for deduction by the purchaser. THERE IS A RECORD!

    Quote Originally Posted by Judy
    For the businesses who collect the FairTax, they're subject to both state and federal audits of their business records which they keep at the business, the same as businesses do with the income tax.
    But that has nothing to do with the individuals! There will be no record of their finances.

    Quote Originally Posted by Judy
    Why do you care what someone else is doing anyway? So long as you didn't cheat, what is it to you?!
    If they don't pay their portion of the tax, the tax rate will be raised on me. Why can't we print all the money we want to spend? Because it devalues the money everybody else has.

  4. #34
    Senior Member johnwk's Avatar
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    Quote Originally Posted by Judy View Post

    So why do you want to impose a mandatory 23 percent tax upon the property a farm brings to market for sale? Why do you want to impose a mandatory 23 percent tax upon the sale of property which a plumber has in his labor?

    Almost every time you post in this thread you contradict yourself.


    JWK

    So at your voluntary choosing, you can sell it to a consumer voluntarily willing to pay you for your "property" and the 23% to fund our government. No one is forced to do anything under the FairTax, there is no mandated taxation. It's free market taxation, a truly beautiful thing, which apparently you are so indoctrinated against, you don't understand it. So go read some more Federalist Papers written by our Founding Feudal Lords.
    There is no mandated taxation under the alleged fairtax? I thought the alleged fairtax imposes a mandatory 23 percent tax on goods and services. Let me check to see if you are right . . .


    Just as I suspected, no change has been made to the alleged fairtax. It still imposes a 23 percent mandated tax on taxable property and services.


    “SEC. 101. Imposition of sales tax.

    “(a) In General.—There is hereby imposed a tax on the use or consumption in the United States of taxable property or services.

    “(b) Rate.— “(1) FOR 2013.—In the calendar year 2013, the rate of tax is 23 percent of the gross payments for the taxable property or service.


    Why are you making stuff up, Judy?


    JWK
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