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Welcome to SportTrac.Org
Off Topic Discussion
OT: Fair Tax, VAT, Sales tax?
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<blockquote data-quote="Tom Schindler" data-source="post: 866517" data-attributes="member: 56140"><p>Actually, since the fair tax is fair, the flat tax isn't.</p><p></p><p></p><p></p><p>The fair tax is based off of the poverty level. EVERYONE that is a citizan would get a prebate check once a month to cover basic living expenses. So, lets say poverty level is 10K/year. For you and I, and everyone else, we would get a check in the amount of about $166.00. (Based on a 20% fair tax)</p><p></p><p></p><p></p><p>You would pay tax on food. You would pay taxes on clothing, new automobiles, etc.</p><p></p><p></p><p></p><p>Illegal? No problem. You pay the tax when you purchase food. You pay the taxes when you buy clothing. You get NO PREBATE CHECK. Yup, you pay taxes and you get nothing.</p><p></p><p></p><p></p><p>No more corporate taxes. No more income taxes. Income tax is based on communism.</p><p></p><p></p><p></p><p>Anyone that advocates a flat tax over a fair tax has not read the book nor do they understand what fair means.</p><p></p><p></p><p></p><p>If anyone thinks the government will actually enact it should be subjected to a drug test. The government will not get rid of the power they have with the IRS. A letter from the IRS scares the hell out of you. That is a powerful tool the government has on us.</p><p></p><p></p><p></p><p></p><p></p><p>Tom</p></blockquote><p></p>
[QUOTE="Tom Schindler, post: 866517, member: 56140"] Actually, since the fair tax is fair, the flat tax isn't. The fair tax is based off of the poverty level. EVERYONE that is a citizan would get a prebate check once a month to cover basic living expenses. So, lets say poverty level is 10K/year. For you and I, and everyone else, we would get a check in the amount of about $166.00. (Based on a 20% fair tax) You would pay tax on food. You would pay taxes on clothing, new automobiles, etc. Illegal? No problem. You pay the tax when you purchase food. You pay the taxes when you buy clothing. You get NO PREBATE CHECK. Yup, you pay taxes and you get nothing. No more corporate taxes. No more income taxes. Income tax is based on communism. Anyone that advocates a flat tax over a fair tax has not read the book nor do they understand what fair means. If anyone thinks the government will actually enact it should be subjected to a drug test. The government will not get rid of the power they have with the IRS. A letter from the IRS scares the hell out of you. That is a powerful tool the government has on us. Tom [/QUOTE]
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Off Topic Discussion
OT: Fair Tax, VAT, Sales tax?
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