Poll: Do you favor the VAT
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05-14-2010, 05:28 PM
thecavemaster Wrote:I didn't know much about the fair tax until last night. I read for an hour or so, particularly the four economists I tend to trust. And, surprise, surprise, ultimately, it favors the biggest wage earners for reasons those who favor it don't seem to want to embrace or face. No surprises here.The same low income earners and moochers who pay no federal income taxes now would pay none under the Fair Tax. People who spend large amounts on luxuries would be hit the hardest with the tax. How does it favor the biggest wage earners? If as a middle income earner, I want to live in a tent and put all of my disposable income into stocks, I could escape the tax just like the moocher who refuses to work would. Do you believe that wealthy people would live in tents and forgo all luxuries to avoid being a taxpayer?
Who are those four highly esteemed economists on whose opinions you are substituting for real knowledge on the subject? Are liberal anti-capitalist hacks Krugman and Reich among them? Who are the other two?
I do not believe that the US,will ever adopt the Fair Tax because the IRS, tax preparation industry, tax lawyers, and other deep pocketed lobbies have too much influence on our corrupt elected officials and they have too much to lose if it ever becomes the law of the land.
BTW, many conservatives, such as **** Armey oppose the Fair Tax for various reasons. This is not a strictly liberal v. conservative issue but the liberal opponents generally just want to justify our current Robin Hood tax system.
Messages In This Thread
Value-added Tax (Yes or No) - by BoondockSaint - 05-10-2010, 01:33 PM
Value-added Tax (Yes or No) - by nky - 05-10-2010, 01:46 PM
Value-added Tax (Yes or No) - by BoondockSaint - 05-10-2010, 01:49 PM
Value-added Tax (Yes or No) - by nky - 05-10-2010, 02:16 PM
Value-added Tax (Yes or No) - by BoondockSaint - 05-10-2010, 03:16 PM
Value-added Tax (Yes or No) - by Old School - 05-10-2010, 07:52 PM
Value-added Tax (Yes or No) - by BillyB - 05-10-2010, 08:24 PM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-10-2010, 08:41 PM
Value-added Tax (Yes or No) - by BillyB - 05-11-2010, 09:18 AM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-11-2010, 09:28 AM
Value-added Tax (Yes or No) - by BoondockSaint - 05-11-2010, 10:42 AM
Value-added Tax (Yes or No) - by BillyB - 05-11-2010, 04:15 PM
Value-added Tax (Yes or No) - by BillyB - 05-11-2010, 04:18 PM
Value-added Tax (Yes or No) - by OrangenowBlue - 05-11-2010, 05:47 PM
Value-added Tax (Yes or No) - by notamoocher - 05-11-2010, 06:32 PM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-11-2010, 10:01 PM
Value-added Tax (Yes or No) - by 15thRegionSlamaBamma - 05-11-2010, 10:47 PM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-12-2010, 08:03 AM
Value-added Tax (Yes or No) - by thecavemaster - 05-13-2010, 05:03 PM
Value-added Tax (Yes or No) - by notamoocher - 05-13-2010, 05:48 PM
Value-added Tax (Yes or No) - by thecavemaster - 05-14-2010, 12:22 AM
Value-added Tax (Yes or No) - by thecavemaster - 05-14-2010, 12:35 AM
Value-added Tax (Yes or No) - by notamoocher - 05-14-2010, 12:50 PM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-14-2010, 01:46 PM
Value-added Tax (Yes or No) - by thecavemaster - 05-14-2010, 03:49 PM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-14-2010, 05:28 PM
Value-added Tax (Yes or No) - by thecavemaster - 05-19-2010, 02:27 PM
Value-added Tax (Yes or No) - by thecavemaster - 05-19-2010, 02:47 PM
Value-added Tax (Yes or No) - by notamoocher - 05-19-2010, 05:42 PM
Value-added Tax (Yes or No) - by thecavemaster - 05-20-2010, 07:50 AM
Value-added Tax (Yes or No) - by notamoocher - 05-20-2010, 08:05 AM
Value-added Tax (Yes or No) - by thecavemaster - 05-22-2010, 08:27 AM
Value-added Tax (Yes or No) - by TheRealVille - 05-22-2010, 11:28 AM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-22-2010, 04:35 PM
Value-added Tax (Yes or No) - by TheRealVille - 05-22-2010, 05:07 PM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-22-2010, 10:31 PM
Value-added Tax (Yes or No) - by TheRealVille - 05-22-2010, 10:40 PM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-22-2010, 10:51 PM
Value-added Tax (Yes or No) - by thecavemaster - 05-23-2010, 10:48 AM
Value-added Tax (Yes or No) - by Hoot Gibson - 05-24-2010, 12:40 AM
Value-added Tax (Yes or No) - by thecavemaster - 05-24-2010, 03:51 PM
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