"When you buy land you buy an asset that is made valuable by the community that surrounds it "
U just said it. You bought it. means U created wealth doing something & used to for trade for land @ a market value decided between last owner and U. Additionally every land owner is speculator (buy/hold/sell). So what big deal. lvt ends up taxing what it takes to survive.
Community improvements value was payed though "sales income and property" taxes. Paying lvt on the taxes U payed is stupid.
dtvgmedia: you are right. Maintaining and increasing the value of your house and selling it for a profit if you can is not injustice. That is an earned income. But get this. Nothing you do to your house or any other improvement on your land increases the value of your land period. Land value is created by and only by the community as a whole. You create land value only as one equal member of your community and you do not and cannot alone increase the value of your particular piece of land.
Asserting the fairtax penalizes the poor has been refuted & proven wrong many times
economic definitions
Socialism:
citizens own private property government owns means of production
Communism:
government owns both private property & means of production
U mistakenly over generalized, although I will concede the fairtax is indifferent 2 how government spends, as it only addresses issues created by production taxes. What government spends on is a problem that is 2 big 2 deal with in 1 bill.
dtvgmedia: failure to tax land value is the penalty to the poor built into your conception of economics. Your definitions of socialism/communism, throw no light on anything. Any practice including taxation that takes a value created by an individual or group and makes it the property of someone else is socialism. Private collection of community created land value is taking from community and giving to private individuals, a form of socialism for land/natural resource owners vs. labor/capital.
dvtgmedia: Oh and by the way all taxation is communism/socialism because it takes what is private property and makes it public property. Your support of the so-called Fair Tax is just another form of socialism and not a very good one at that. It penalizes the poor because it is regressive and lets people off the hook who have usurped land and natural resource values they do not create. Land value is created 100% by community as a whole and thus tax on it is the only tax that is not theft.
dtvgmedia: democracy is not government by 90%+ concensus. Just because you or I do not agree with something is not a good excuse for establishing economic justice. Fairtax punishes labor and capital and leaves the sources of unearned incomes intact. By the way the tax on land values cannot be passed on in the price of goods as can all taxes on labor and capital used in production. Do your home work please and stop circulating the usual misconceptions regarding this issue.
The constitution in ratification represents the vast majority(consent), 2/3rds of both the house & senate as well as 3/4 of the states. Funding Constitutionally legitimate functions of government differers by level of funding & decided by simple majority.
Constitutionally illegitimate functions of government R functions of government assumed, but have no constitutional authority. With most illegitimate functions, individuals differ on whether it should be a function of the federal government.
dtvgmedia: what is this supposed to mean? Land value taxation will solve so many problems that we won't need anywhere as much government as we have now because there won't be so many problems to band-aid. Fairtax makes claims for this that it cannot possibly deliver on. Land value taxation has delivered on these promises where and to the limited extent that it has been tried. More would be better. If you don't like arguing over government then support what will eliminate the need for it.
dtvgmedia: you are correct in saying a tax on land values drives its value down. But since there will be no tax on improvements those values remain intact along with the incentive to build and maintain. There will be less and ultimately no more debt incurred to purchase land as land value taxes increase. I share your concern for the huge debt outstanding made necessary to pay off the land speculators in the past and that is why land value taxation should be phased in gradually.
dtvgmedia: You did not create the value of your land. All you did by purchasing land was buy the right to extort value created by others. In exchange the government will stop stealing the real wealth you produce first by not taxing the house you live in and then by not taxing earned income from your labor and investment in real capital. Either you want to be a land speculator or you want to make an honest living by honest labor and honest capital investment. You can't have it both ways.
doesn't matter if i worked on my land to create value in it by plowing a field, landscaped, it planted a tree or payed to have it done with the value i created else ware. i could have even bought it after the value was created and payed for it with my hard work good choices and sacrifices.
dtvgmedia: real estate is primarily land and secondarily the improvements on it.
When you buy land you buy an asset that is made valuable by the community that surrounds it not by anything you do on the land. Purchase of land is the same as buying a slave; in this case community is the slave made to work, deliver valuable services but not paid anywhere near fully by the landowner who receives them. Renters pay twice in land rent and then in taxes to pay for services that increase land rent.
After this Mass transfer of wealth(Theft), on average Americans will be paying over $22,000 between renting their homes from the government and the cost of embedded LVT in products or services they consume.
dtvgmedia: a tax on land values equal up to its market rental value on a yearly basis is not a tax or rental charge of the house on the land. You are in good company with others who do not make this distinction. There is no theft in land taxes because individual landowners do not create the value of their particular pieces of land. A tax on land value merely takes back to the community the value community confers of land/locations. The tax on houses and other man-made improvements IS theft.
LVT on commercial property is a cost embedded in production
All taxes on businesses r payed by consumers difference is
u r just suggesting replacing income tax with LVT
we r suggesting replacing with sales tax
The cost is the same government still collects 22% of everything produced.
LVT Theft is government destruction of majority of your wealth created though hard work good choices and sacrifices. resulting bankruptcies further steal, rewarding those with more debt.
dtvgmedia: Yes, if you are renting land you are passing that cost on in the cost of goods you produce. The cost of land like any other cost of production is already part of the price of goods produced. The landowner who has to turn over land rent to government cannot charge more for land because its full rental value is already being charged and collected. The land value tax thus cannot be passed on in higher rents and thus cannot be and is not passed on in higher prices of goods produced.
What I said is, u propose 2 "replace" the income tax with a land value tax. LVT continues to remain embedded in production. I never suggested lvt is in addition to present cost.
We fairtax supporters suggest using a sales tax to replace the income tax. National sales tax is the only tax where producers compete fairly (tax wise) with imports. Tax consumption of domestic and imports the same, as well as domestic exporters compete internationally on the same tax footing as other products
switching from income tax to LVT still embedes in production cost still leave American companies uncompetitive. because most imports leave their country of origin with out taxes embedded in them, only national a sales tax can level the playing field so imports and domestic products compete fairly.
dtvgmedia: land value taxation is the only thing that can fix the trade deficit. Elimination of all taxes on labor and capital that are passed on in the price of goods and reliance on land value taxes none of which can be passed on reduces the cost of goods. In addition the tax on land values drives the cost of land down to producers (by driving out land speculation). The combo of no passed on taxes and lower land costs result in cheaper and way more competitive goods.
You also have to understand that most of the people that support John Linder are uneducated individuals who think that human beings have only been on earth for the past 40,000 years...lol. And why do they think that? Because that is what the bible tells them to believe....LOL. No wonder Georgia is in the bottom half of education in the United States.
Listening to Republicans tell us about how to run the government is like taking lessons on compassion from Hitler.
Do you really think that if we passed a Fair Tax that the government in its infinite wisdom would not find ways to tax what they want?
In the county of Gwinnett, Georgia, where Linder is a Congressman, they wanted to impose a 25% increase in property taxes to cover a short fall because they built a baseball stadium with cost overruns. Then they wanted to control the garbage business.
Do you really think that incompetent decisions like that will go away with a Fair Tax plan...lol.
The fairtax makes complete sense. The only problem is it takes power away from Washington. We're just about to elect a tax freak to the White House. If Obama gets in, kiss the fair tax goodbye.
The real underlying issue throughout the entire history of taxation is the intent of the "owners" of land and natural resources the entire value of which is created by society as a whole to avoid taxation of their unearned incomes by shifting them off onto labor and capital. They succeeded to a large extent with the income tax and this "fair" tax would mean complete victory for owners of land value we all create. The only truly fair tax is a tax on land values while untaxing labor and capital.
Instead use progressive consumption tax to discourage excessive consumption and accumulation of debt. Instead encourage savings and the societal consequence of savings or investments for our future, Additionally don't tax what it take to survive.
dtvgmedia: Fair Tax is the continuation of a long running scam perpetrated at its top levels by folks who want taxation taken off of their unearned incomes and profits from ownership of the community created value of land and natural resources. After taxation is shifted from earned incomes from labor and real capital investment onto community created land values, then use something like the so-called fair tax to raise any other revenue needed by governments that is not provided from land value.
dtvgmedia: Unearned income always stems from a form of injustice. Collecting the community created value of land via rents and sale prices (collecting the value produced by someone other than oneself hence unearned) may look benign but it is no different than extracting the production of slaves. You are OK with that apparently. Land and land value is not wealth in economics despite denomination in dollars no matter how you misuse the terms. Nor is land capital any more than slaves were.
They already payed for it. It is called taxes. property tax sales tax property tax. Although many will argue weather the distribution was fair but the point is the Value of land created though community has been payed.
U R suggesting Taxing them again in a manor that will destroy the value of most of what people worked for
You say your only taxing land value but real estate is attached to the land.
Consequential bankruptcies with negative net work reward poor choices.
dtvgmedia: The fact that I pay a tax on my labor and profits from investment in real capital is not payment for my land. When I paid the person from whom I bought my land he put it in his pocket as an unearned income only possible because the community penalized my labor and real capital investment so the land seller could keep the community created value of his land that he did not himself create. Renters of land pay twice first in land rent and then in taxes for services that drive rent up.
Investor -- thats only the START of the con. These morons REALLY think "the government itself will be a major taxpayer" Page 148. They will make the ARMY pay millions in taxes on EACH TANK, EACH JET. The navy would pay on EACH SHIP, EACH SUBMARINE. The morons dont realize those budgets wouldhave to go way up to pay their own tax. If you could tax the government for 1/4 of its own revenue, why not tax it for half? Why not all? This is wack, wack wacko. It doesnt slow down at stupd.
The Fair-Tax is the Unfair-Tax Scam. LIE#1 The 23% National Sales Tax they tell you is a Flat-Lie unless you failed middle-school math. Yes the book uses a math trick to suck you into thinking 23% instead of 30%. It is a 30% National Sales Tax plus Local Sales Taxes which average 6% for a total 36% sales tax. The average American pays less than 25% federal tax now. But what do you expect from people who failed math.
The RICH and Business get a jumbo tax-cut and you may too. But before they have you pounding their drums for their "Rich-Tax-Cut" using their appealing marketing plan word "fair-tax" you better take a look at your tax return to see what you paid in federal,social security and Medicare taxes. Consider what wealth you've accumulated after-tax. If you need to spend it to buy goods and services in retirement like for a nursing home you get to pay another 23%. Call it the "Poor-helping-Rich-Tax"
A "Win/Lose-Tax". Person with $175,000 in a 33% FTB +7.7% SS+Medicare=40.7% today -gets "Jumbo-lower-Tax" plan dropping to 23%. lower-income retired couple with $60,000 in todays 15% FTB gets "Higher-23%-Tax" plan. And the $200,000 Retirees saved after paying 35.7% during their career will be taxed another 23% when used to buy food, shelter, medical, drugs, repair services. Both people will get the benefits of a any "poverty level prebate" & "price drops"
Yes,Yes, you made your comment, Rep Linder is talking about the Fair Tax not VT. Go bother Boortz about that issue with him not us or Rep John Linder. Shame on you for tying boortz and Linder together with VT just because they wrote a book and support/sponcer the Fairtax. HatTricksInc nailed it. Unless your a Judge and Jury you have no grounds for your foolish associations.
Linder should be ashamed of his association with syndicated talk show host, Neal Boortz. Boortz is a not an honest or honorable man. The day after the Virginia Tech shootings Boortz blamed the students for their own murders. He fabricated the story of how they were killed and he falsely claimed that they did nothing to defend themselves. Several people died in their efforts to protect others.
Guilty by association?? Sounds like a comment that belongs on a Neal Boortz video.
As for what John Linder has to say about the Fair Tax, it's the Fair Tax that I'm interested in hearing about, not John Linder's personal life, let alone the failings of people whose radio shows he's been on.
Boortz defamed the victims of the Virginia Tech murders. Don't believe me, see and hear it for yourself. My YouTube video "Boortz Blames Victims" will help you see him for the grotesque loser that he is.
"When you buy land you buy an asset that is made valuable by the community that surrounds it "
U just said it. You bought it. means U created wealth doing something & used to for trade for land @ a market value decided between last owner and U. Additionally every land owner is speculator (buy/hold/sell). So what big deal. lvt ends up taxing what it takes to survive.
Community improvements value was payed though "sales income and property" taxes. Paying lvt on the taxes U payed is stupid.
dtvgmedia 2 years ago
Comment removed
dtvgmedia 2 years ago
unearned income:
if i pay you to paint my home and i sell my home for a profit. this is not an injustice
If i work for you in your factory working on your parts with your tools and you sell your products for a profit . this is not an injustice?
dtvgmedia 2 years ago
dtvgmedia: you are right. Maintaining and increasing the value of your house and selling it for a profit if you can is not injustice. That is an earned income. But get this. Nothing you do to your house or any other improvement on your land increases the value of your land period. Land value is created by and only by the community as a whole. You create land value only as one equal member of your community and you do not and cannot alone increase the value of your particular piece of land.
ourearthhome 2 years ago
Asserting the fairtax penalizes the poor has been refuted & proven wrong many times
economic definitions
Socialism:
citizens own private property government owns means of production
Communism:
government owns both private property & means of production
U mistakenly over generalized, although I will concede the fairtax is indifferent 2 how government spends, as it only addresses issues created by production taxes. What government spends on is a problem that is 2 big 2 deal with in 1 bill.
dtvgmedia 2 years ago
dtvgmedia: failure to tax land value is the penalty to the poor built into your conception of economics. Your definitions of socialism/communism, throw no light on anything. Any practice including taxation that takes a value created by an individual or group and makes it the property of someone else is socialism. Private collection of community created land value is taking from community and giving to private individuals, a form of socialism for land/natural resource owners vs. labor/capital.
ourearthhome 2 years ago
dvtgmedia: Oh and by the way all taxation is communism/socialism because it takes what is private property and makes it public property. Your support of the so-called Fair Tax is just another form of socialism and not a very good one at that. It penalizes the poor because it is regressive and lets people off the hook who have usurped land and natural resource values they do not create. Land value is created 100% by community as a whole and thus tax on it is the only tax that is not theft.
ourearthhome 2 years ago
Governance is not Theft, when its governance by consent.
2 demonstrate:
Common defense 98% would say should be function of government but will differ on how much 2 fund
Socialized medicine 50/50 differ on should it be a function of government or not, and therefor is not governance by consent, but tyrannical.
Aside from that, the fairtax is offered as a proposal to fix problems with a broken way of collecting.
dtvgmedia 2 years ago
dtvgmedia: democracy is not government by 90%+ concensus. Just because you or I do not agree with something is not a good excuse for establishing economic justice. Fairtax punishes labor and capital and leaves the sources of unearned incomes intact. By the way the tax on land values cannot be passed on in the price of goods as can all taxes on labor and capital used in production. Do your home work please and stop circulating the usual misconceptions regarding this issue.
ourearthhome 2 years ago
The constitution in ratification represents the vast majority(consent), 2/3rds of both the house & senate as well as 3/4 of the states. Funding Constitutionally legitimate functions of government differers by level of funding & decided by simple majority.
Constitutionally illegitimate functions of government R functions of government assumed, but have no constitutional authority. With most illegitimate functions, individuals differ on whether it should be a function of the federal government.
dtvgmedia 2 years ago
dtvgmedia: what is this supposed to mean? Land value taxation will solve so many problems that we won't need anywhere as much government as we have now because there won't be so many problems to band-aid. Fairtax makes claims for this that it cannot possibly deliver on. Land value taxation has delivered on these promises where and to the limited extent that it has been tried. More would be better. If you don't like arguing over government then support what will eliminate the need for it.
ourearthhome 2 years ago
Theft
What happens to value of land and attached real estate due 2 a switch 2 lvt
Thats right the thing you worked hardest 4 in your life your land and home goes down in value and your net asset to debt goes negative.
You will still have to pay your debts but your assets are deprecated, leaving many under watter. Mass bankruptcies and foreclosures will follow.
dtvgmedia 2 years ago
dtvgmedia: you are correct in saying a tax on land values drives its value down. But since there will be no tax on improvements those values remain intact along with the incentive to build and maintain. There will be less and ultimately no more debt incurred to purchase land as land value taxes increase. I share your concern for the huge debt outstanding made necessary to pay off the land speculators in the past and that is why land value taxation should be phased in gradually.
ourearthhome 2 years ago
Destruction and theft of wealth (almost all you hard worked and good choices "poof" gone), your a renter from the government.
dtvgmedia 2 years ago
dtvgmedia: You did not create the value of your land. All you did by purchasing land was buy the right to extort value created by others. In exchange the government will stop stealing the real wealth you produce first by not taxing the house you live in and then by not taxing earned income from your labor and investment in real capital. Either you want to be a land speculator or you want to make an honest living by honest labor and honest capital investment. You can't have it both ways.
ourearthhome 2 years ago
relestate is attached to land
Additionally
doesn't matter if i worked on my land to create value in it by plowing a field, landscaped, it planted a tree or payed to have it done with the value i created else ware. i could have even bought it after the value was created and payed for it with my hard work good choices and sacrifices.
dtvgmedia 2 years ago
dtvgmedia: real estate is primarily land and secondarily the improvements on it.
When you buy land you buy an asset that is made valuable by the community that surrounds it not by anything you do on the land. Purchase of land is the same as buying a slave; in this case community is the slave made to work, deliver valuable services but not paid anywhere near fully by the landowner who receives them. Renters pay twice in land rent and then in taxes to pay for services that increase land rent.
ourearthhome 2 years ago
Theft
After this Mass transfer of wealth(Theft), on average Americans will be paying over $22,000 between renting their homes from the government and the cost of embedded LVT in products or services they consume.
dtvgmedia 2 years ago
dtvgmedia: a tax on land values equal up to its market rental value on a yearly basis is not a tax or rental charge of the house on the land. You are in good company with others who do not make this distinction. There is no theft in land taxes because individual landowners do not create the value of their particular pieces of land. A tax on land value merely takes back to the community the value community confers of land/locations. The tax on houses and other man-made improvements IS theft.
ourearthhome 2 years ago
LVT on commercial property is a cost embedded in production
All taxes on businesses r payed by consumers difference is
u r just suggesting replacing income tax with LVT
we r suggesting replacing with sales tax
The cost is the same government still collects 22% of everything produced.
LVT Theft is government destruction of majority of your wealth created though hard work good choices and sacrifices. resulting bankruptcies further steal, rewarding those with more debt.
dtvgmedia 2 years ago
dtvgmedia: Yes, if you are renting land you are passing that cost on in the cost of goods you produce. The cost of land like any other cost of production is already part of the price of goods produced. The landowner who has to turn over land rent to government cannot charge more for land because its full rental value is already being charged and collected. The land value tax thus cannot be passed on in higher rents and thus cannot be and is not passed on in higher prices of goods produced.
ourearthhome 2 years ago
What I said is, u propose 2 "replace" the income tax with a land value tax. LVT continues to remain embedded in production. I never suggested lvt is in addition to present cost.
We fairtax supporters suggest using a sales tax to replace the income tax. National sales tax is the only tax where producers compete fairly (tax wise) with imports. Tax consumption of domestic and imports the same, as well as domestic exporters compete internationally on the same tax footing as other products
dtvgmedia 2 years ago
Additionally LVT doesn't fix trade deficit.
switching from income tax to LVT still embedes in production cost still leave American companies uncompetitive. because most imports leave their country of origin with out taxes embedded in them, only national a sales tax can level the playing field so imports and domestic products compete fairly.
dtvgmedia 2 years ago
dtvgmedia: land value taxation is the only thing that can fix the trade deficit. Elimination of all taxes on labor and capital that are passed on in the price of goods and reliance on land value taxes none of which can be passed on reduces the cost of goods. In addition the tax on land values drives the cost of land down to producers (by driving out land speculation). The combo of no passed on taxes and lower land costs result in cheaper and way more competitive goods.
ourearthhome 2 years ago
You also have to understand that most of the people that support John Linder are uneducated individuals who think that human beings have only been on earth for the past 40,000 years...lol. And why do they think that? Because that is what the bible tells them to believe....LOL. No wonder Georgia is in the bottom half of education in the United States.
Listening to Republicans tell us about how to run the government is like taking lessons on compassion from Hitler.
BoomerNavy70 2 years ago
Do you really think that if we passed a Fair Tax that the government in its infinite wisdom would not find ways to tax what they want?
In the county of Gwinnett, Georgia, where Linder is a Congressman, they wanted to impose a 25% increase in property taxes to cover a short fall because they built a baseball stadium with cost overruns. Then they wanted to control the garbage business.
Do you really think that incompetent decisions like that will go away with a Fair Tax plan...lol.
BoomerNavy70 2 years ago
Linder knows his "Fairtax" is crap. He isn't trying to pass it.
He knows he wrote on page 148 "The federal government ITSELF will become a MAJOR taxpayer".
Oh -- so don't bother people, have the government pay it!! Dumb ass con artist.
Plus -- Linder has all city, county, and state government pay this tax too. Over half government revenue would come FROM the government.
Yes -its crazy as it sounds. It's pure bullshit. Linder knows it.
BullshipDetector 2 years ago
Fairtax is pure bullshit -- and Linder knows it.
LInder knows his bullshit is based on a pile of absurdities. LIke collecting over a trillion dollars a year -- FROM the government.
Thats right - FROM the government -- and counting that as income.
Its a magic pony that shits gold. Its not supposed to cost ANYTHING cause all prices will drop 30%
Bull fuching shit.
Google Fairtax absurdity -- Linder knows his plan is a farce. He knows he is lying.
MarkDouglasC 2 years ago
The fairtax makes complete sense. The only problem is it takes power away from Washington. We're just about to elect a tax freak to the White House. If Obama gets in, kiss the fair tax goodbye.
MGR1900 3 years ago
The real underlying issue throughout the entire history of taxation is the intent of the "owners" of land and natural resources the entire value of which is created by society as a whole to avoid taxation of their unearned incomes by shifting them off onto labor and capital. They succeeded to a large extent with the income tax and this "fair" tax would mean complete victory for owners of land value we all create. The only truly fair tax is a tax on land values while untaxing labor and capital.
ourearthhome 3 years ago
land value turns society into Communist renters.
Instead use progressive consumption tax to discourage excessive consumption and accumulation of debt. Instead encourage savings and the societal consequence of savings or investments for our future, Additionally don't tax what it take to survive.
FAIR TAX !!!!!!
dtvgmedia 2 years ago
dtvgmedia: Fair Tax is the continuation of a long running scam perpetrated at its top levels by folks who want taxation taken off of their unearned incomes and profits from ownership of the community created value of land and natural resources. After taxation is shifted from earned incomes from labor and real capital investment onto community created land values, then use something like the so-called fair tax to raise any other revenue needed by governments that is not provided from land value.
ourearthhome 2 years ago
unearned income
what do people do with unearned income
they spend it. the fairtax taxes 100% of all wealth.
lvt steals wealth
dtvgmedia 2 years ago
dtvgmedia: Unearned income always stems from a form of injustice. Collecting the community created value of land via rents and sale prices (collecting the value produced by someone other than oneself hence unearned) may look benign but it is no different than extracting the production of slaves. You are OK with that apparently. Land and land value is not wealth in economics despite denomination in dollars no matter how you misuse the terms. Nor is land capital any more than slaves were.
ourearthhome 2 years ago
They already payed for it. It is called taxes. property tax sales tax property tax. Although many will argue weather the distribution was fair but the point is the Value of land created though community has been payed.
U R suggesting Taxing them again in a manor that will destroy the value of most of what people worked for
You say your only taxing land value but real estate is attached to the land.
Consequential bankruptcies with negative net work reward poor choices.
dtvgmedia 2 years ago
net worth, not net work
dtvgmedia 2 years ago
dtvgmedia: The fact that I pay a tax on my labor and profits from investment in real capital is not payment for my land. When I paid the person from whom I bought my land he put it in his pocket as an unearned income only possible because the community penalized my labor and real capital investment so the land seller could keep the community created value of his land that he did not himself create. Renters of land pay twice first in land rent and then in taxes for services that drive rent up.
ourearthhome 2 years ago
This has been flagged as spam show
Investor -- thats only the START of the con. These morons REALLY think "the government itself will be a major taxpayer" Page 148. They will make the ARMY pay millions in taxes on EACH TANK, EACH JET. The navy would pay on EACH SHIP, EACH SUBMARINE. The morons dont realize those budgets wouldhave to go way up to pay their own tax. If you could tax the government for 1/4 of its own revenue, why not tax it for half? Why not all? This is wack, wack wacko. It doesnt slow down at stupd.
MarkDouglasC 4 years ago
This has been flagged as spam show
The Fair-Tax is the Unfair-Tax Scam. LIE#1 The 23% National Sales Tax they tell you is a Flat-Lie unless you failed middle-school math. Yes the book uses a math trick to suck you into thinking 23% instead of 30%. It is a 30% National Sales Tax plus Local Sales Taxes which average 6% for a total 36% sales tax. The average American pays less than 25% federal tax now. But what do you expect from people who failed math.
investortownhall 4 years ago
This has been flagged as spam show
The RICH and Business get a jumbo tax-cut and you may too. But before they have you pounding their drums for their "Rich-Tax-Cut" using their appealing marketing plan word "fair-tax" you better take a look at your tax return to see what you paid in federal,social security and Medicare taxes. Consider what wealth you've accumulated after-tax. If you need to spend it to buy goods and services in retirement like for a nursing home you get to pay another 23%. Call it the "Poor-helping-Rich-Tax"
investortownhall 4 years ago
This has been flagged as spam show
A "Win/Lose-Tax". Person with $175,000 in a 33% FTB +7.7% SS+Medicare=40.7% today -gets "Jumbo-lower-Tax" plan dropping to 23%. lower-income retired couple with $60,000 in todays 15% FTB gets "Higher-23%-Tax" plan. And the $200,000 Retirees saved after paying 35.7% during their career will be taxed another 23% when used to buy food, shelter, medical, drugs, repair services. Both people will get the benefits of a any "poverty level prebate" & "price drops"
investortownhall 4 years ago
This has been flagged as spam show
I'm working on another video that will link Boortz and his slanderous Virginia Tech comments to several politicians, including Linder.
OscarLewis 4 years ago
Yes,Yes, you made your comment, Rep Linder is talking about the Fair Tax not VT. Go bother Boortz about that issue with him not us or Rep John Linder. Shame on you for tying boortz and Linder together with VT just because they wrote a book and support/sponcer the Fairtax. HatTricksInc nailed it. Unless your a Judge and Jury you have no grounds for your foolish associations.
bs2174 4 years ago
This has been flagged as spam show
Linder should be ashamed of his association with syndicated talk show host, Neal Boortz. Boortz is a not an honest or honorable man. The day after the Virginia Tech shootings Boortz blamed the students for their own murders. He fabricated the story of how they were killed and he falsely claimed that they did nothing to defend themselves. Several people died in their efforts to protect others.
OscarLewis 4 years ago
Guilty by association?? Sounds like a comment that belongs on a Neal Boortz video.
As for what John Linder has to say about the Fair Tax, it's the Fair Tax that I'm interested in hearing about, not John Linder's personal life, let alone the failings of people whose radio shows he's been on.
That's what this video is about.
Let's stay on topic here.
HatTricksInc 4 years ago
This has been flagged as spam show
Boortz defamed the victims of the Virginia Tech murders. Don't believe me, see and hear it for yourself. My YouTube video "Boortz Blames Victims" will help you see him for the grotesque loser that he is.
OscarLewis 4 years ago
I believe you. My point is that this video is not about the personal life of Neal Boortz. It's about the Fair Tax.
I have no interest in Neal Boortz.
My interest is in the soundness of The Fair Tax legislation. And that's what this video is about, The Fair Tax.
I have no interest in the soundess of Neal Boortz off-base opinions on current events. And that is NOT the subject of this video.
Thanks.
HatTricksInc 4 years ago
See:
IRS - It's Time To Learn The Truth (Pts 1 and 2)
here on YouTube
And look at Peter Hendrickson's losthorizons website
jbeck57143 4 years ago