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#54823 - 01/25/06 06:21 PM
Re: Fair Tax Movement
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Member
Registered: 08/25/05
Posts: 1052
Loc: Ohio
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We can't make companies stay in the U.S. Now they have to pay taxes, although in reality, they just charge the consumer more so we end up paying their taxes. I don't think we can stop companies moving out of the country due to the higher wages our people demand, but it will help.
This plan will make all taxes visible. The rich will pay more of their share, because they naturally purchase more and higher priced items, such as boats, cars, furniture, homes, etc. The middle class will end up paying less and the poor will pay hardly anything. It would benefit you ladies who are self-employed because you wouldn't be taxed, only for what you spend.
Let's just say a wealthy business owner moves his company to another country. He would likely pay income tax in that country, but wouldn't have to in ours. But when he purchases anything in our country, he would pay a higher amount of sales tax (I've heard 23%). He would not be able to hide his income, even if it is generated outside the U.S.
Also, illegals would have to pay sales tax on anything they purchase.
Number 5, let me know what you think about the plan. Like I said, I haven't read the book yet, but I think I'll order it today.
Daisygirl
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#54824 - 01/26/06 08:49 AM
Re: Fair Tax Movement
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Member
Registered: 09/22/05
Posts: 868
Loc: Merrimack, NH
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Yes, we pay fees for water and sewage. We have no town trash pick-up here. People either take their trash to the local Transfew Station (the landfill closed a couple of years ago) or pay to have it picked up.
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#54825 - 01/25/06 09:03 PM
Re: Fair Tax Movement
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Member
Registered: 09/20/05
Posts: 2560
Loc: Pagosa Springs, Colorado
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Here's another way states generate revenue: traffic violations. My son had a speeding ticket and the fine was $65. By the time they added all the state "surcharges" (aka, tax) and other weird fees, the fine came to $ 106.!! So the fees were over 65% of the original fine!
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#54827 - 01/26/06 12:27 AM
Re: Fair Tax Movement
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Member
Registered: 09/20/05
Posts: 2560
Loc: Pagosa Springs, Colorado
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Unfortunately, it doesn't stop MY son from speeding. He's had his license for 3 years and he's gotten at least 8 speeding tickets!
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#54828 - 01/26/06 12:42 AM
Re: Fair Tax Movement
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Member
Registered: 08/25/05
Posts: 1052
Loc: Ohio
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My son did the same when he was a teenager. He was on high risk insurance for a long time. I still have a lead foot and hold my breath every time I see a cop.
The Fair Tax Plan is only for federal and not state, local or fines, permits, etc.
I just ordered the Neal Boortz book today and plan to attend a local seminar on 2/6.
Daisygirl
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#54829 - 01/26/06 12:45 AM
Re: Fair Tax Movement
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Member
Registered: 09/20/05
Posts: 2560
Loc: Pagosa Springs, Colorado
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Let us know how that book is, when you get it, Daisy. I am very interested. Also, tell us about the seminar...that's pretty soon!
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#54831 - 01/26/06 05:02 AM
Re: Fair Tax Movement
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Member
Registered: 09/20/05
Posts: 2560
Loc: Pagosa Springs, Colorado
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You're absolutely right, Casey. We are the government...or at least that's how it was set up.
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#54832 - 01/26/06 08:16 AM
Re: Fair Tax Movement
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Member
Registered: 08/25/05
Posts: 1052
Loc: Ohio
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Ladies, IF you agree with the Fair Tax Proposal after checking it out, then please contact your congressmen and senators and let them know. That is the ONLY way we will ever get the tax code changed (to our benefit). The polititians will not want to lose their bargaining power. They need to know that if they do not vote the way the majority of their constituants desire, they will not have a job any longer.
Daisygirl
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