Mike Gravel - On Fair Tax

Mike Gravel explains the benefits of his plan for a Fair Tax; a sales tax to replace the income tax.

Category:

News & Politics

Tags:

• mike
• gravel
• 2008
• election
• tax
• president

[FamousDave2186]

@laudanum4u Man you matched that word for word. This nimrod got like 5 accounts and he uses the word dumb fuck like he's obsessed with the word.

[pauliswood]

@up2trix

Hell, I say let them keep spamming and insulting people.

It's obvious to US that there is no good reason to oppose the Fair Tax....If they can't put a coherent sentence together it will be obvious to others.

[kurolap]

So am I correct in understanding that EVERYTHING will be taxed (even necessities) the proposed 23% but then people (based on their living situation) will get a monthly rebate (prebate) check to pay for those necessities?

If that's true then you're right in saying that if we give one thing an exemption, that now leaves room for "This should also not be taxed because of bla bla bla"

[FairTaxisaLie]

@dtvgmedia You are unable to go look at the data, and have fallen for the lies of the wealthy businessmen who came up wioth the idiotic "Fair" Tax / National Sales Tax.

Prices do not remain the same-- you are falling for the "embedded taxes" canard. Go do the math or have someone explain it to you, there is not 23% of embedded taxes in what you purchase.

Yes, you just admitted-- retired persons who save now would be penalkized if a Fair tax came along.

100% is not USA taxed. See Bahamas

[FairTaxisaLie]

@dtvgmedia The fairtax in no way reduces cheating, in fact it would encourage black markets across the spectrum. Illegals would add up to a pittance.

You can't average compliance costs across citizens evenly-- the honest way to do that is by income. Compliance costs for the poor and middle classes are negligent, and any decreases in compliance for big business would be offset by higher costs of compliance for small businesses and increased governmental collection and payout ("prebate") costs.

[FairTaxisaLie]

@dtvgmedia Again you miss the important points:

Purchases of stocks cannot be taxed with an NST/FT-- the wealthy would BUY UP AMERICA tax free.

Purchases of castles and mansions in Europe, the Bahamas, etc, cannot be taxed with a NST/FT.

Retired Americans who already paid taxes on their sabvings will be taxed on that money again.

Fairtaxorg's own data shows that retired and middle class people would pay more under the NST/FT.

[dtvgmedia]

@FairTaxisaLie Unfounded assertion after another. You prove yourself incapable of telling the truth or doing nothing more then spinning it.

There is no reason to avoid taxes in the Bahamas when prices remain largely the same.

People that save 4 retirement buy more in their retirement years then they earn in retirement. They also pass on leaving the wealth they created to their heirs who pay the fairtax when they spend it.

100% of wealth created is taxed once at 23%.

[dtvgmedia]

@FairTaxisaLie While some people with higher incomes may not spend all their income in the year they earned it. They will spend it, or pass it onto some one else who will spend it. The Main reasons people saving is to secure their older age when they no longer work or to give to those important to them.

Buying overseas and importing you pay the fairtax on it as if it were sold hear.

Apparently you just make up things about the fairtax with out knowing anything about it.

[dtvgmedia]

@FairTaxisaLie Yes you can but it is not magic. The fairtax catches reduces tax cheating and makes illegal aliens pay taxes when they consume. The fairtax also reduces the cost of compliance that every one pays when they purchase products and services from a business that paid to have their taxes removed (averages over 1,100 for every man woman and child in America). Enacting the fairtax will save an average 1,000 for everyone in America in the hidden tax that is compliance cost.