This puts the heaviest tax burden on the poor and working class who live pay-check to pay-check while billionaires receive a tax shelter. Millionaires and billionaires can well afford paying sales taxes. Do people really believe that every multi-millionaire is a company owner that hands out jobs when left untaxed?
@JJenneweinSTL explain how it taxes the poor more than the rich? cause what Im understanding is that it takes the taxes out of the paychecks (poor people) and puts it in the consumption, (which is what poor and rich people do)? do the poor buy more things than the rich?
For proof that the "Fair Tax" aka National Sales Tax Inclusive aka NASTI would raise the taxes of those making from about $15k to $150k a year while greatly lowering the taxes of most who make from around $150k up, one only needs to read and understand pages 30 on of one of fairtaxorg's own "research" at tinyurl 593htl. Pay particular attention to table 13-- this is how they claim the middleclass is better off under FT/NASTI, by them FALLING INTO POVERTY LEVEL every few years (see years 7-8).
its much better to tax consumption instead of productivity like we are. the tax system and the regulations combined are choking away the middle class. and its already illegal not to pay taxes so if you say it will give the government the right to tax us, well guess what they already do!
What all this hides, of course, is that the total taxes collected will fall, the poor will pay a larger share, the rich will keep a larger share, and the services that the government provides to those that cannot afford them will fall.
Thanks for posting this. Prices will not rise with the FairTax. When the income tax is removed, prices will drop due to competition. This has always happened in the past. Ask any economics student. Profits stay steady at 5 to 8 percent. That's the beauty of capitalism. The poor will pay no taxes, due to the prebate. MORE people will be paying taxes because illegals and criminals will pay. 250 billion dollars will be eliminated from the collection overhead.
So let's see -- you read a book which says the biggest tax payer is the GOVERNMENT. It barely mentions this amazing "fact" in the back of the book.
But you are too fucking stupid to realize -- shit-fire, if you can tax the fucking government for most of the money, why not fucking tax the government for ALL of it?
See dumb fuck -- FT knows you can't tax the government, thats why they fucking hid it in the small print moron.
We need a new tax system -- but Fairtax is nonsense.
At least on national level, Fairtax is absurd -- it doesn't just tax people -- it gets about half it's revenue by a pretend tax on the government itself.
INcluding state government - thats right, Missouri would have to pay massive taxes on its own purchases, so would every city and county, every prison, police department, etc.
Silly Mark. Not telling these nice folks that state government pay those taxes already. through embedded Federal taxes. You never were much for telling the whole story.
That's right -- Fairtax at national level is a preposterous tax fraud -- it gets about half it's money from pretending to make the government itself "a major taxpayer"
Don't take my word for it -- read page 148 of the Fairtax book "The federal government itself will become a MAJOR taxpayer"
Also every city and state would be major tax payers.
Strange how they hide that in the back of their book, and don't tell cities and states about it.
Way to go Missouri! New Jersey is considering similar legislation... other states to follow. No state wants to be left behind. Missouri will see an influx of new business because of the FairTax.
Sorry -- the reason FT says 23% -- instead of 60% that real studies say it would be - has NOTHING to do with illegals.
It has to do with Fairtax pretending to tax the government over a trillion dollars.
Read the book. Page 148 "The federal government itself will become a MAJOR taxpayer"
That's their math -- that's their double talk. Their books and math say specifically they count on taxing the federal government -- and all state and local governments.
On a state level, a straight foward sales tax is logical, and used in many places.
This Fairtax he is talking about on national level is pure bullship. For one thing, they pretend to get most of government revenue by taxing the government.
Does Rep Emery have any idea of that? Fairtax at national level would actuallly tax the state of Missouri -- and every city in it, every county, a huge sales tax on every dime they spend.
This puts the heaviest tax burden on the poor and working class who live pay-check to pay-check while billionaires receive a tax shelter. Millionaires and billionaires can well afford paying sales taxes. Do people really believe that every multi-millionaire is a company owner that hands out jobs when left untaxed?
JJenneweinSTL 1 month ago
@JJenneweinSTL explain how it taxes the poor more than the rich? cause what Im understanding is that it takes the taxes out of the paychecks (poor people) and puts it in the consumption, (which is what poor and rich people do)? do the poor buy more things than the rich?
holycanoliotis 1 month ago
This has been flagged as spam show
For proof that the "Fair Tax" aka National Sales Tax Inclusive aka NASTI would raise the taxes of those making from about $15k to $150k a year while greatly lowering the taxes of most who make from around $150k up, one only needs to read and understand pages 30 on of one of fairtaxorg's own "research" at tinyurl 593htl. Pay particular attention to table 13-- this is how they claim the middleclass is better off under FT/NASTI, by them FALLING INTO POVERTY LEVEL every few years (see years 7-8).
FairTaxisaLie 6 months ago
its much better to tax consumption instead of productivity like we are. the tax system and the regulations combined are choking away the middle class. and its already illegal not to pay taxes so if you say it will give the government the right to tax us, well guess what they already do!
ToungeGoesHere 10 months ago
oh gawd. the fkn fair tax will give the goverment the right to tax us.. wtf!!?
the only legal tax is impost and excise, taxes on items bought.. read artical 1
mojofortherepublic 1 year ago
What all this hides, of course, is that the total taxes collected will fall, the poor will pay a larger share, the rich will keep a larger share, and the services that the government provides to those that cannot afford them will fall.
majinspy 1 year ago
Thanks for posting this. Prices will not rise with the FairTax. When the income tax is removed, prices will drop due to competition. This has always happened in the past. Ask any economics student. Profits stay steady at 5 to 8 percent. That's the beauty of capitalism. The poor will pay no taxes, due to the prebate. MORE people will be paying taxes because illegals and criminals will pay. 250 billion dollars will be eliminated from the collection overhead.
urgener 1 year ago 3
Beware of these names. They're all the same person, a FairTax
spammer who doesn't work and doesn't pay taxes.
BullshipDetector, CanteenKid, FarceTax, FilmCriticOne, NawwLeans, MakeMyPower, MarkDouglasC, MathTruthTax, MyBookDeal, MyBookWork, NavyBeer, NeilTaxCon, PrebateNonsense, Taxfools, TaxSanity, TruthMattersToMe, TubeTaxPro, 12FlyMe, SteamBoatCamp, ItchMyFoot, RooferHoofer
urgener 1 year ago
passed a while ago
laudanum4u 1 year ago
@laudanum4u
What does that mean, is it going to the popular vote or is law now?
TheAmericanRifleman 1 year ago
@TheAmericanRifleman according to fairtax.org it already passed
laudanum4u 1 year ago
@laudanum4u Do you know when the new law goes into effect?
TheAmericanRifleman 1 year ago
Does anybody know the current status of Missouri passing this law?
TheAmericanRifleman 1 year ago
This has been flagged as spam show
So let's see -- you read a book which says the biggest tax payer is the GOVERNMENT. It barely mentions this amazing "fact" in the back of the book.
But you are too fucking stupid to realize -- shit-fire, if you can tax the fucking government for most of the money, why not fucking tax the government for ALL of it?
See dumb fuck -- FT knows you can't tax the government, thats why they fucking hid it in the small print moron.
That's also why they arent trying to pass it.
12FlyMe 1 year ago
second book is more detailed on the point. about halfway through.
laudanum4u 1 year ago
This has been flagged as spam show
We need a new tax system -- but Fairtax is nonsense.
At least on national level, Fairtax is absurd -- it doesn't just tax people -- it gets about half it's revenue by a pretend tax on the government itself.
INcluding state government - thats right, Missouri would have to pay massive taxes on its own purchases, so would every city and county, every prison, police department, etc.
This would be a massive new tax.
Fairtax has tried to hide this for 13 years.
Shame on Fairtax
12FlyMe 2 years ago
Silly Mark. Not telling these nice folks that state government pay those taxes already. through embedded Federal taxes. You never were much for telling the whole story.
laudanum4u 2 years ago
This has been flagged as spam show
That's right -- Fairtax at national level is a preposterous tax fraud -- it gets about half it's money from pretending to make the government itself "a major taxpayer"
Don't take my word for it -- read page 148 of the Fairtax book "The federal government itself will become a MAJOR taxpayer"
Also every city and state would be major tax payers.
Strange how they hide that in the back of their book, and don't tell cities and states about it.
Google Fairtax absurdity.
12FlyMe 2 years ago
Way to go Missouri! New Jersey is considering similar legislation... other states to follow. No state wants to be left behind. Missouri will see an influx of new business because of the FairTax.
NAGGERNUTZ 2 years ago 2
This has been flagged as spam show
Sorry -- the reason FT says 23% -- instead of 60% that real studies say it would be - has NOTHING to do with illegals.
It has to do with Fairtax pretending to tax the government over a trillion dollars.
Read the book. Page 148 "The federal government itself will become a MAJOR taxpayer"
That's their math -- that's their double talk. Their books and math say specifically they count on taxing the federal government -- and all state and local governments.
Read the fine print.
NavyBeer 2 years ago
This has been flagged as spam show
On a state level, a straight foward sales tax is logical, and used in many places.
This Fairtax he is talking about on national level is pure bullship. For one thing, they pretend to get most of government revenue by taxing the government.
Does Rep Emery have any idea of that? Fairtax at national level would actuallly tax the state of Missouri -- and every city in it, every county, a huge sales tax on every dime they spend.
FT is a massive tax increase on states.
NavyBeer 2 years ago
moves slow, but good info!!
jedijetton 2 years ago 2
Great video, thanks for the leadership Rep. Emery!
travisfitzwater 2 years ago 2
Great, very interesting video. I definitely learned some things.
palatables 2 years ago