The critic at the beginning of the video didn't seem to have studied the Fairtax plan at all. He forgets the current mess our tax system is in and adds misinformation to the Fairtax system.
fair tax supporters are ignorant that we dont earn wages as legally defined..cancell your w4 and get all your monet ... and a SS# is not to be given to anyone its a scam that will be used if too many learn the truth about title 26 income taxes..get educated...go to lost horizons
no fair tax scam.. i dont pay SS, or any other fica taxes nor am i required to pay income taxes becouse we dont earn wages. cancell your w4 and lear how yor more ignorant than you know.
Great Party - stupid idea. It wont work. Its lunatic math. Do you really think new homes can pay 23% tax? Or that cancer patients, nursing home care, will pay 23% extra? To make 23% work, virtually ALL sales will be taxed, including RENT. But one by one, groups will get exemptions -- renters, new home buyers, cancer patients, nursing homes, the military, etc, -- all will get exemptions. So 23% changes to 40-50% to make up for it. You morons would be laughed at for 100 years.
Great Party - stupid idea. It wont work. Its lunatic math. Do you really think new homes can pay 23% tax? Or that cancer patients, nursing home care, will pay 23% extra? To make 23% work, virtually ALL sales will be taxed, including RENT. But one by one, groups will get exemptions -- renters, new home buyers, cancer patients, nursing homes, the military, etc, -- all will get exemptions. So 23% changes to 40-50% to make up for it. You would be laughed at for 100 years.
Let me explain how this cannot gain new taxes from "pimps"(lol) unless prices go up, for those who still don't get it:
Let's say Pimpy McPimp now spends 50,000 a year on living expenses that would be taxed under NST. If prices don't go up with the "inclusive" NST, Pimpy doesn't spend more-- he spends the 50k still, and in fact he gets a "prebate."
So not only does he not pay any more-- he gets money back, for a NET GAIN for pimps.
If prices don't rise, this is a "Pimp Windfall"...
What company has a 20 percent profit margin? Average companies have 5 to 7 percent profits. Wal-Mart operates at 3.5. Any company that runs at 20 percent profit will be killed by competition. That's the beauty of capitalism.
The "Fair Tax" idea is a scam created by the Church of Scientology because they were at war with the IRS for not granting their cult tax exempt status. Google up the facts if you want to read more. OpinionJournal has a recent article that exposes the whole thing.
You idiots are falling for a scam made up by a cult that was founded by a hack science fiction writer!!
The current tax system is beyond fixing! Under the Fair Tax, people are taxed based on what they spend, not what they earn. That would make the US the biggest tax haven in the world and bring back all the jobs lost to other countries because of our confiscatory tax laws. Read John Linder's and Neal Boortz's book if you want the facts. And do a Google search for all the research compiled by economists. It's staggering.
UNder the "Fair" Tax aka National Retail Sales Tax-Inclusive aka "NaSTI" the very wealthy will have a huge tax cut while the middlec classes will have to make yup the difference.
Do the math, people, don't be lemmings for this scam pushed by Boortz and funded by wealthy Texans (whose taxes would be much lower under a sales tax as they buy up "used" real estate).
The FairTax will double tax those who save? Whoever said that doesn't understand the FairTax. Actually, the current tax system double taxes savings. It taxes your income before you deposit it in the bank. Then it taxes the interest that you earn. The FairTax would tax neither.
The FairTax is by far the most researched and peer reviewed tax replacement alternative ever. I didn't understand the gentleman who thought it was bad that companies with a 1% profit margin would pay the same tax as a company with a 20% profit margin. Ya buddy, they will. 0%!! That's ZERO! Goose Egg! The FairTax creates a positive business environment by eliminating, among others, the corporate income tax which ultimately only gets passed on to consumers in the form of higher prices anyway!
Funny -real funny. What research you nit wit. Show me. Research my asp. What research did you do on the effect of a 23% sales tax on new homes? OR what will cancer patients do when they get a tax bill of 23%, or what will nursing homes do? Or renters? Or the military? THese groups would all get exemptions. And your 23% would grow to 50%
FairTax advocate, Neal 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.
Why would anyone believe anything Boortz has to say?
The biggest tax scam ever conceived is the notion that businesses pay taxes. The only ones that pay taxes are we, the people. If a business's income is taxed, it simply gets the money back in 1 of 3 ways. Raises prices, lowers wages, or reduces dividends paid to stockholders (individual's like you and me).
The critic at the beginning of the video didn't seem to have studied the Fairtax plan at all. He forgets the current mess our tax system is in and adds misinformation to the Fairtax system.
chwparker 3 years ago
@chwparker
Seriously..
If I were going to compare our current tax system and the fairtax to an animal..
Well our current tax system would be something so mutated looking it would be censored.
The fairtax on the other hand would be equivalent to a pissed off kitten. It's not perfect but its a heck of a lot better than anything we have now.
MRSketch09 2 years ago
fair tax supporters are ignorant that we dont earn wages as legally defined..cancell your w4 and get all your monet ... and a SS# is not to be given to anyone its a scam that will be used if too many learn the truth about title 26 income taxes..get educated...go to lost horizons
passitkitdotcom 3 years ago
no fair tax scam.. i dont pay SS, or any other fica taxes nor am i required to pay income taxes becouse we dont earn wages. cancell your w4 and lear how yor more ignorant than you know.
passitkitdotcom 3 years ago
Great Party - stupid idea. It wont work. Its lunatic math. Do you really think new homes can pay 23% tax? Or that cancer patients, nursing home care, will pay 23% extra? To make 23% work, virtually ALL sales will be taxed, including RENT. But one by one, groups will get exemptions -- renters, new home buyers, cancer patients, nursing homes, the military, etc, -- all will get exemptions. So 23% changes to 40-50% to make up for it. You morons would be laughed at for 100 years.
MarkDouglasC 4 years ago
Great Party - stupid idea. It wont work. Its lunatic math. Do you really think new homes can pay 23% tax? Or that cancer patients, nursing home care, will pay 23% extra? To make 23% work, virtually ALL sales will be taxed, including RENT. But one by one, groups will get exemptions -- renters, new home buyers, cancer patients, nursing homes, the military, etc, -- all will get exemptions. So 23% changes to 40-50% to make up for it. You would be laughed at for 100 years.
MarkDouglasC 4 years ago
Let me explain how this cannot gain new taxes from "pimps"(lol) unless prices go up, for those who still don't get it:
Let's say Pimpy McPimp now spends 50,000 a year on living expenses that would be taxed under NST. If prices don't go up with the "inclusive" NST, Pimpy doesn't spend more-- he spends the 50k still, and in fact he gets a "prebate."
So not only does he not pay any more-- he gets money back, for a NET GAIN for pimps.
If prices don't rise, this is a "Pimp Windfall"...
Diskatopia 4 years ago
What company has a 20 percent profit margin? Average companies have 5 to 7 percent profits. Wal-Mart operates at 3.5. Any company that runs at 20 percent profit will be killed by competition. That's the beauty of capitalism.
urgener 4 years ago
The "Fair Tax" idea is a scam created by the Church of Scientology because they were at war with the IRS for not granting their cult tax exempt status. Google up the facts if you want to read more. OpinionJournal has a recent article that exposes the whole thing.
You idiots are falling for a scam made up by a cult that was founded by a hack science fiction writer!!
mhirtes12 4 years ago
The current tax system is beyond fixing! Under the Fair Tax, people are taxed based on what they spend, not what they earn. That would make the US the biggest tax haven in the world and bring back all the jobs lost to other countries because of our confiscatory tax laws. Read John Linder's and Neal Boortz's book if you want the facts. And do a Google search for all the research compiled by economists. It's staggering.
abaxteria 4 years ago
UNder the "Fair" Tax aka National Retail Sales Tax-Inclusive aka "NaSTI" the very wealthy will have a huge tax cut while the middlec classes will have to make yup the difference.
Do the math, people, don't be lemmings for this scam pushed by Boortz and funded by wealthy Texans (whose taxes would be much lower under a sales tax as they buy up "used" real estate).
The "Fair" Tax is FAIL.
Diskatopia 3 years ago
The FairTax will double tax those who save? Whoever said that doesn't understand the FairTax. Actually, the current tax system double taxes savings. It taxes your income before you deposit it in the bank. Then it taxes the interest that you earn. The FairTax would tax neither.
ytdalesmith 4 years ago
The FairTax is by far the most researched and peer reviewed tax replacement alternative ever. I didn't understand the gentleman who thought it was bad that companies with a 1% profit margin would pay the same tax as a company with a 20% profit margin. Ya buddy, they will. 0%!! That's ZERO! Goose Egg! The FairTax creates a positive business environment by eliminating, among others, the corporate income tax which ultimately only gets passed on to consumers in the form of higher prices anyway!
cphine 4 years ago
Funny -real funny. What research you nit wit. Show me. Research my asp. What research did you do on the effect of a 23% sales tax on new homes? OR what will cancer patients do when they get a tax bill of 23%, or what will nursing homes do? Or renters? Or the military? THese groups would all get exemptions. And your 23% would grow to 50%
MarkDouglasC 4 years ago
FairTax advocate, Neal 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.
Why would anyone believe anything Boortz has to say?
OscarLewis 4 years ago
NO, NO, NO!!
No Fair Tax!!
The tax is already "Fair". Private sector americans DO NOT PAY INCOME TAXES! Read the Code
The 16th Amendment did not provide for ANY new power of taxation!
NO FAIR TAX!!
See: losthorizons(dot)com
markp64 4 years ago
I second jbeck57143's comment.
No Fair Tax!!
The tax is already "Fair". Private sector americans DO NOT PAY INCOME TAXES! Read the Code
The 16th Amendment did not provide for ANY new power of taxation!
NO FAIR TAX!!
markp64 4 years ago
The biggest tax scam ever conceived is the notion that businesses pay taxes. The only ones that pay taxes are we, the people. If a business's income is taxed, it simply gets the money back in 1 of 3 ways. Raises prices, lowers wages, or reduces dividends paid to stockholders (individual's like you and me).
ytdalesmith 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
test
jbeck57143 4 years ago