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I give a post on fair tax and you go to this?
Same to you my friend! The progressive tax system in this country has endured through 96 years, good times and bad, under both Democratic and Republican control.
Thinking the American public that has recently suffered under the widest gap in incomes between the rich and the lower classes since the Great Depression, I consider the push now to make our system even more regressive and favorable for the rich to be a non-starter.
In that regard, who are the National politicians that are proposing a consumption tax????
Numbers to back this up?
If you really think that the elections of 2006 and 2008 had anything to do with the Bush tax cuts at all, you are not very well informed.
Do you even know what a regressive tax is? Hint: nobody here is advocating it.
Boo-hoo, rich people getting richer. Wait, why is this bad?
Except this thread has nothing to do with the bailouts. Stay on topic.
Have you ever even come close to adequately addressing a single point given to you on this thread?
You mean in addition to the numbers myself and others have already posted?
OK.
(AP) "The gap between rich and poor is getting bigger in the world's richest countries - and particularly the United States - as top earners' incomes soar while others' stagnate, according to a 30-nation report released Tuesday."
"The United States has the highest inequality and poverty in the OECD after Mexico and Turkey, and the gap has increased rapidly since 2000, the report said."
"In the United States, the richest 10 percent earn an average of $93,000 - the highest level in the OECD. The poorest 10 percent earn an average of $5,800 - about 20 percent lower than the OECD average."
Gap Between Rich And Poor Growing - CBS News
Insult noted.
Second insult noted as well. Are you expecting a reply to them as well? Flat tax and a consumption tax (National Sales tax) are both forms of a regressive tax. Poster's on this thread have been advocating for them.
"Consumption taxes are by nature regressive because the poor must spend more of their money than the rich – while it is the rich who do most of the saving."
Washingtonpost.com: Tax Policy Special Report
Nothing bad about it unless it is done on the backs of the nations lower classes. That is why the progressive tax system was instituted and continued for the last 96 years.
The bailouts was a redistribution of tax dollars so I maintain it is very much on topic, since the National sales tax would further benefit this group that has already benefited some much from this redistribution of wealth.
The FACT is they really can't even get serious congressional hearings for Fairytax, just want it passed.
Because NO ONE Really wants to testify/LIE under oath!
All it's supporters would take a powder or have to speak in large generalities to protect themselves from Perjury.
BTW, Fairytax, was of course, the brainchild of Two Texas Billionaires.
If it ever got close they'd have to name a REAL Rate.. so it can't pass.
DOA.
It's already been scored by the Joint Congressional committe on taxes in the Mid 50% range.
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You have proof of your accusations?
Only the last Dozen years of Reality and obfuscation on the hearings (the opinion part).. and if you'd like I can prove the 2 Billionaires too.
I have proved everything I've said.. and given links for it.
While you seem good at only Bashing what you don't like.
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I see no links just a rant
What it's all about: The Book
The Book, "The FairTax Book", written by Right-wing radio talk show host Neal Boortz, is the basis for and Bible for a recent right-wing Cult-like movement to replace the current US tax code with a national sales tax. We suggest you familiarize yourself with it by purchasing or borrowing the book from your local library. We want you to be as informed as possible so that you can make a logical decision based on facts, and not on party loyalty or hype.
We consider the FairTax to be nothing more than a Smokescreen for a huge tax cut to the wealthiest Americans and a Gigantic tax Increase for everyone else to make up for it. As you read, ask yourself what you would get from this plan if it was ever made into law. With critical thinking you will find that the FairTax is not only a Lie and a Scam, but it will throw many Americans into Permanent Poverty. We believe the FairTax plan taxes hard work - the sweat of our brows and the toil of our labor - while at the same time it makes free welfare money (inheritances, gifts, and capital gains), that wasn't worked for and wasn't earned, completely tax free.
The FairTax INCREASES the Size of Government making all who sell or trade part of the Big Brother network. This new tax bill gives the government additional powers to rule the poor and literally grants additional rights to the wealthiest people in America. George Orwell would have been proud.
The FairTax is ANTI-FAMILY. The FairTax penalizes poor families for buying Food, Clothes, shelter, and Medical care by taxing All the basic Necessities of life.
These things are NOT taxed right now (and shouldn't be) but they ARE HEAVILY TAXED under the FairTax plan. Remember this when you get barraged by a FairTax supporter that says the prebate will give you a portion of this additional tax back and you should be grateful to the new Big Brother Government for giving you anything back. The FairTax bill penalizes those who live paycheck to paycheck taxing every dollar spent to make ends meet while UN-TAXING the rich and wealthy who live off of inheritances, trusts, gifts, and old money.
[............]
Interestingly enough, none of the $20 million plus spent on research material mentioned in the book has ever been published for review. ....
According to other sources Leo Linbeck Jr., a Conservative Texas Billionaire that inherited his wealth from billionaire daddy Leo Linbeck Sr., is the man behind the FairTax.
His two collaborators were Billionaire Houston Texans owner Bob McNair and attorney/Houston Industries director Jack Trotter.
They are all huge donators to the right-wing Political Action Committee known as "Club For Growth" and the Republican National Committee......"
"Rising inequality isn't new. The gap between rich and poor started growing before Ronald Reagan took office, and it continued to widen through the Clinton years. But what is happening under Bush is something entirely unprecedented: For the first time in our history, so much growth is being siphoned off to a small, wealthy minority that most Americans are failing to gain ground even during a time of economic growth — and they know it."
Paul Krugman on the Great Wealth Transfer : Rolling Stone
That is why the public kicked out the bums in 2006 and 2008 and elected representatives that promised to eliminate the Bush tax cuts.
So laugh on funny boys! Carry on with your pipe dream of a regressive tax to make the corporate millionaires even more wealthy.
The American public is not going to be terribly sympathetic to those that received billions in bailouts with our tax dollars with their (and your) desires for less taxes on the record profits we enabled.
You mean in addition to the numbers myself and others have already posted?
OK.
(AP) "The gap between rich and poor is getting bigger in the world's richest countries - and particularly the United States - as top earners' incomes soar while others' stagnate, according to a 30-nation report released Tuesday."
"The United States has the highest inequality and poverty in the OECD after Mexico and Turkey, and the gap has increased rapidly since 2000, the report said."
"In the United States, the richest 10 percent earn an average of $93,000 - the highest level in the OECD. The poorest 10 percent earn an average of $5,800 - about 20 percent lower than the OECD average."
Gap Between Rich And Poor Growing - CBS News
Translation: "I don't have anything to rebut the facts you've provided, so instead I'll throw out a random quote from Krugman and then include a ridiculous appeal to authority.
Back here in Virginia, we call them trailer park conservatives, as they tend to vote against their own best interest!
I give a post on fair tax and you go to this?
Yet our poor in many countries would be well off.
You need to look at how the fair tax act address that not at how it worked in other places.
Nice I go to about us and they hide who they are. Sounds more like propaganda to me than facts. Also notice it sounds like they are mostly liberals.
...I don't have anything to rebut the facts you've provided.....
I'm not sure what you're even doing at a debate site.
I want a simplified progressive income tax.
A flat tax is too regressive against the poor, while a national sales tax won't bring in enough tax revenue.
Could we not set it up where if you are poor you pay no taxes?
Could we not set it up where if you are poor you pay no taxes?
We have an inefficient version of this already.
yes its called welfare. :2wave:
corporate welfare.
Not sure what you're trying to say or how it's relevant to my point.
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