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Friday, December 03, 2004

Patriot tackles FairTax

The time for the FairTax -- a federal retail sales tax -- is now! And we need your voice! Thank you for your support.

Date of Interview: Saturday,
12/04/04
Time of Interview: 9:15am – 10:00 am CST
Radio Station: WWTC-AM 1280 "The Patriot"
Host Name: David Strom, president, Minnesota Taxpayers League

Bill Phelps, Spokesperson for Americans for Fair Taxation will be discussing distinguishing characteristics of the FairTax Bill (H.R.25/ S.1493) that make it superior to all other tax reform plans.

Spread the word to friends, neighbors, . . . and even relatives.
 
Go forth and blog...

10 Comments:

  • Anybody who believes "Fair Tax" is fair is an idiot.

    By Anonymous Anonymous, at March 30, 2005 at 10:46 PM  

  • Explain how this is fair.

    In a car crash, two boys are left alive. Both go to the orphanage. Now, tell me what tax rate are you going to place on them when they are older.

    John gets adopted into a middle class family. They can't afford private school, nor college. Now he's 30 years old, makes 30K a year. He spends 20K a year on taxable goods (since rent isn't included). So paying a tiny 15% sales tax, he winds up paying 10% in taxes.

    Jack gets adopted into a rich family. He goes to private school then Harvard. His dad gives him a house and sets him up in business and he now makes 300K a year. Yeah, he buys more things but only 100K a year. He pays 15K in taxes. So his overall tax rate is only 5%. That's fair?

    Those who are given benefit of priviledge have a duty, a responsibility to return the favor.

    By Anonymous Anonymous, at March 30, 2005 at 11:05 PM  

  • First, John can buy used goods to save money and avoid paying taxes on new goods (car, washing machine, dryer, tv's) and with the prebate he will receive at the beginning of each month he can pay no taxes if he chooses. He will also be taking home his entire paycheck each week and will have more money to save. His job is also made possible be the investment of Jack or someone else taking the financial risk. As for Jack, He will buy an expensive new BMW or Jag, His father had to pay taxes on the house that was bought for him and Jack will provide jobs for several if not many people in his small business. Everytime he buys something ($1500 suit, new expensive home furniture, wifes shopping trips and just his often dining out) he will be paying more in tax each year than John even makes on his check. John will have the opportunity for the first time in his life to invest a decent amount of money.... Last year I paid out 20% in federal and state taxes on my family's income. Theresa Heinz-Kerry only paid 12%. What the hell is fair about that....The wage earners are the ones carrying the largest percentage load per individual with the income tax in place. Us poor wage earners do not have enough money left over after taxes and four children to invest very much. I want the Fairtax in place so that I can choose when I will pay taxes and when I will invest my money. I also don't think my income is any of the governments business. I would like to be rich one day and as long as the government makes it harder to get there my chances are diminished.

    By Blogger Scott, at April 16, 2005 at 11:21 PM  

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