CNN YouTube Debate--Fair Tax
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All Comments (418)
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everyone is eligible for the prebate EXCEPT for illegal immigrants... and there you go, if they are illegal, the fair tax makes a sort of natural repellent to illegal immigration
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1. Implement a flat tax
2. Constitutional amendment banning income tax
3. National sales tax
IRS is bigger than the CIA and the FBI.
When you are charged with any crime you have the right to be innocent until proven guilty... unless the IRS charges you in which case you are guilty until you prove yourself innocent.
Fight the IRS by fighting income tax. When there is no income tax, there is no IRS and our rights remain in tact.
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Aly, EVERY household in America receives the Prebate payment. ONLY those in the country ILLEGALLY could not receive the Prebate.
The Prebate payment is the same and is based ONLY on the number of Legal Residents residing in the household.
Just like today's system EXEMPTS from tax the first Income we earn per year, so too the FairTax exempts the first SPENDING we do. The Prebate payment makes it so no one has to track it, no tax forms to file.
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The answer to her question is that the FairTax repeals all other taxes. So, when those go away, prices will come down. Then the FairTax is added on and you're right back to where you were.
Example: today you buy a DVD player for $100. Pass the FairTax and that price will drop to about $77 because the embedded taxes go away. The FairTax then puts $23 on the price and you're back to $100. Nothing has changed, except you get to keep all of your paycheck instead of the gov't stealing it.
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Remember also, The FairTax Bill is a "closed" Bill. It can't be changed until it is implemented. And then, it requires a Super Majority to make any changes to it afterwards. And WE THE PEOPLE won't let that happen unless they want to LOWER the rate.
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@fugstik I believe that the only truely fair tax would be, = Everyone gets a bill for the same foler amount and is expected to pay that amount, But you and I and everyone else knows dat aint never gonna happen, This is the next best thing.
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EVERYbody gets the Prebate! That is why it is called the FairTax Plan. you might want to read the book again, It is very simple, Even the liberalist of liberals would see that it benifits the poorist the most and the middle class greatly and even the Evil Wealthy business owner can consitrate the effort it takes to comply with the IRS and grow their business and create more jobs to help the middle class and poor to have jobs and not be so poor or even middle class! READ not jus clance.
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@flmcon Thats what I was going to say!!!
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the sales tax increase will not change the price of goods substantially it will get rid of embedded taxes that are hidden in the price of goods then once you add the new sales tax there is very little difference
E V E R Y B O D Y gets the rebate!!!!!
flmcon 1 year ago 10
@blummedia, They are basing the percentage on a tax-neutral program. Dollar for dollar federal tax neutral. To the second part of your question; what stops them from increasing Income Tax to 70, 80, 90 percent right now? Nothing stops them from doing that now.
JJHauser 1 year ago 3