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Started By
Message
re: Would you support FairTax plan?
Posted on 4/17/25 at 10:36 am to scottydoesntknow
Posted on 4/17/25 at 10:36 am to scottydoesntknow
9-9-9 or Die!
0
Posted on 4/17/25 at 10:41 am to VOR
quote:
Sales taxes cause more damage to an economy than income tax. They also have an impact on food and prescription
drugs, neither of which are discretionary spending…
You don't understand the Fair Tax, then.
Posted on 4/17/25 at 10:45 am to Jax-Tiger
Yeah, people are thinking national sales tax and not the actual fair tax plan.
Currently pay taxes on used goods.
quote:
A 23% national retail sales tax (inclusive rate) on new goods and services for final consumption.
So instead of paying taxes on your income, you'd only pay taxes when you buy something new (used goods are not taxed).
Currently pay taxes on used goods.
This post was edited on 4/17/25 at 10:48 am
Posted on 4/17/25 at 11:00 am to Snipe
quote:
If the ultra rich and the ultra poor are provided means of circumventing tax laws then no matter what you do the middle class will continue to bare the burden of funding the country and world.
Actually its the rich who - by far - pay "more than their share" in taxes, middle class and the poors get a big break thanks to the top 5 percent.
Posted on 4/17/25 at 11:01 am to Ostrich
quote:
you are wrecking the economy by dramatically reducing demand for products
This is a false premise but congrats on a shitty strawman
Posted on 4/17/25 at 11:03 am to scottydoesntknow
If it eliminates my income tax, property tax, and all the other taxes then yes. If it's just an add on hell no
Posted on 4/17/25 at 11:05 am to Ostrich
quote:
you're either forced to pay the same taxes just collected a different way
That's what "revenue-neutral" means in comparison to the current income tax system.
If you're worried about excessive taxation propping up a terminally-ill federal bureaucracy, then you should be doing backflips at the fraud/waste/abuse/money laundering that DOGE is revealing to the public.
The less of that horse shite goes on under our noses, the less in national retail sales tax and/or tariffs need to be collected to replace that revenue.
Posted on 4/17/25 at 11:06 am to Barneyrb
quote:
If it's just an add on
It's a replacement for all federal withholding/taxation.
It's up to we the people to deal with state/local taxes on our own... You know, like the founders intended.
Posted on 4/17/25 at 11:10 am to Ostrich
quote:
Then if we're paying the same amount in taxes, what's the point in making a change?
There are a lot of advantages. A LOT.
1.) Individuals no longer have to fill out a tax return - saves time and money, not to mention you no longer have to make decisions based on tax implications, such as selling a home, investing, etc. This saves hundreds of billions in compliance costs and billions of hours of labor. You never have to worry about being audited, again..
2.) Taxes will be transparent. Every time you buy anything, you will see how much tax you are paying on that item. When the government comes to you and wants to raise the tax rate, you will know the consequences. Today, we get taxed on many levels and the system is set up to conceal those taxes from you. Most people do not know how much they pay in taxes.
3.) We will collect hundreds of billions of dollars in taxes from the black market. Drug dealers, gamblers, prostitution, and other sources of income are not taxed, but the people who profit from those activities still buy stuff. Foreigners vacationing here will buy stuff.
4.) No corporate taxes will create jobs and investment in the US.
5.) It is the "fairest" system of taxes because EVERY household will get a prebate meant to cover the taxes on the necessities. This is the only tax system where people who's earnings are at or below the poverty line will pay no taxes.
Posted on 4/17/25 at 11:11 am to VoxDawg
quote:
The premise that federal spending is at an acceptable level and should be maintained is a false one and half of the problem to introducing any alternative forms of funding the government due to the mass hypnosis formation/Stockholm Syndrome we suffer from as American taxpayers who have never known anything other than the current income tax racket.
I think Boortz et al pushed that in an effort to decouple the Fair Tax from the political issue of Government spending and try to make it a non-partisan effort.
Posted on 4/17/25 at 11:13 am to Jax-Tiger
quote:
1.) Individuals no longer have to fill out a tax return - saves time and money,
Also climate change.
Think about all the paper and trash.
Posted on 4/17/25 at 11:13 am to VoxDawg
quote:
The less of that horse shite goes on under our noses, the less in national retail sales tax and/or tariffs need to be collected to replace that revenue.
I see exactly what I pay in taxes in my paycheck every month. What exactly is under our nose?
Your tax plan is a shitty one. Thankfully it will never have a chance in Congress.
Posted on 4/17/25 at 11:29 am to Jax-Tiger
quote:
5.) It is the "fairest" system of taxes because EVERY household will get a prebate meant to cover the taxes on the necessities. This is the only tax system where people who's earnings are at or below the poverty line will pay no taxes.
How is having poor people avoid taxes a fair system?
Posted on 4/17/25 at 11:52 am to Eurocat
quote:
Actually its the rich who - by far - pay "more than their share" in taxes,
Who knows what "fair Share" really means but one thing is for sure. Rich people and corporations don't have teams of CPAs and tax lawyers to make sure they are paying enough.
If you can't afford to learn or hire people to navigate the tax code, you're getting screwed.
Posted on 4/17/25 at 11:54 am to scottydoesntknow
Lets cut spending first.
Posted on 4/17/25 at 12:12 pm to Juleswinfield787
quote:
I look at all taxation as theft because its clear thats the only purpose of it...to be a punishment that we keep less of our money
A government is reasonable and pragmatic for survival. OUR government is neither reasonable, not pragmatic
Posted on 4/17/25 at 12:13 pm to Barneyrb
quote:
If it eliminates my income tax, property tax, and all the other taxes then yes. If it's just an add on hell no
Not an add on
Posted on 4/17/25 at 12:13 pm to scottydoesntknow
But the price level of all finished goods goes down by the same percentage as the tax (because there are no embedded taxes on the inputs to goods) so your ultimate prices of goods are the SAME as today.
Posted on 4/17/25 at 1:10 pm to Ostrich
quote:
What exactly is under our nose?
quote:
@SecScottBessent
With Tax Day upon us, we are doubly focused on making the IRS work better for American families, at a better price.
To that end, we are striving for excellence in collections, privacy, and customer service.
The agency has been in a “modernization” program for decades. But this year, we are finally implementing a tech-forward, efficient approach made possible by the amazing talent we already have in the building.
Here’s how the IRS under the Trump Administration is serving you:
The IRS has successfully saved $2 billion without any operational disruptions by eliminating wasteful contracts, such as auto-renewed licenses unused for years.
The IRS has removed non-technical people from technical leadership roles in engineering and replaced them with experienced engineers.
Going forward, skilled engineers will drive technical decisions. The IRS has its fair share of software talent. These men and women, who have long served the IRS, need to be empowered to make decisions.
The IRS is strengthening privacy by empowering technical cybersecurity experts and reducing system complexity.
Fewer contractors and a leaner tech stack mean a smaller attack surface and stronger data protection. Last year, we spent $450 million on paper processing with nearly 6,500 full-time staff dedicated to the task, even though over 90% of individuals filed electronically.
Reducing paper checks has been a longstanding bipartisan goal that our administration is finally putting into action.
Thanks to @POTUS, this will help reduce fraud and theft. It will also remove delays that prevent hardworking Americans from receiving their vital payments.
The American people deserve a government that works for them—not the other way around.
4:59 PM · Apr 15, 2025
quote:
Department of Government Efficiency
@DOGE
Great job by
@SecRubio
@StateDept
In addition to the ones below, they also cancelled these wasteful grants:
-$1.4mm for “Preventing Internet Fragmentation” in Brazil
- $750k for “Enabling Civil Society Resilience and Adaptation” in Kyrgyzstan
- $1mm for “Building Trust and Keeping Hope Alive” in Sri Lanka
-$2mm for “Advancing Democratic Culture” in Armenia
@SecRubio
continues to scrutinize
@StateDept
foreign assistance, today cancelling 139 wasteful grants worth $215M including:
- $5.2mm to “Media Diversity” for programs like “Get the Trolls Out!” - “an anti-disinformation program” in the United Kingdom
- $2.5mm for “advancing critical civic engagement” in Uzbekistan
- $2mm for “Expanded Newsroom Sustainability and Engagement” in Moldova
- $1mm for “channeling gig workers’ rights” in Brazil
- $2.4mm for “Responding to Disinformation Through Creative Content in Belarus”
- $1.7mm for “Independent Media for Peace and Democracy” in Europe
- $1.5mm for a “Women-led Gendered Approach to Justice and Accountability”
- $1.7mm for “BeMediaWise” in Bulgaria
- $900k for a “Place for Women to Join to Organize” in Mauritania
- $750k for “Building the Migrant Domestic Worker-Led Movement” in Lebanon
- $740k for a feminist “Free Expression Initiative”in Tunisia
quote:
Department of Government Efficiency
@DOGE
Contract update!
Agencies terminated 180 wasteful contracts with a ceiling value of $3.3B and savings of $2.6B, including a $85.5K
@EPA
contract for “live plant maintenance services” (the internal EPA team will water them going forward) and a $265.5K
@HHSGov
contract for “social media monitoring subscription, training, and platform setup”.
11:54 PM · Apr 14, 2025
quote:
Department of Government Efficiency reposted
Kelly Loeffler
@SBA_Kelly
Last month,
@DOGE
uncovered more than $630M in SBA loans distributed to “borrowers” over the age of 115 or under the age of 11.
This week, SBA implemented a suite of new applicant verification measures – to make sure it never happens again.
sba.gov
SBA Highlights Range of New Measures to Stop Fraud
10:44 AM · Apr 12, 2025
quote:
Department of Government Efficiency
@DOGE
An initial survey of Unemployment Insurance claims since 2020 revealed the following:
- 24.5k people over 115 years old claimed $59M in benefits
- 28k people between 1 and 5 years old claimed $254M in benefits
- 9.7k people with birth dates over 15 years in the future claimed $69M in benefits
In one case, someone with a birthday in 2154 claimed $41k.
11:16 PM · Apr 9, 2025
Loading Twitter/X Embed...
If tweet fails to load, click here. quote:
The US African Development Foundation has terminated $51M in grants, including:
-$229,296 for marketing 100% organic shea butter in Burkina Faso
-$84,059 for a business incubator for spa & wellness entrepreneurs in Nigeria
-$239,738 for marketing pineapple juice in Benin
-$246,217 for mango drying facilities in the Ivory Coast
-$99,566 to increase yogurt production in Uganda
-$48,406 for a WhatsApp marketing chatbot in Kenya
-$50,000 to train farmers to grow dragonfruit in Senegal
This post was edited on 4/17/25 at 1:11 pm
Posted on 4/17/25 at 1:11 pm to dgnx6
quote:
Let's say I sell bread at my local bread shop. As a business, my income taxes would also be less, meaning I can operate my business for less.
I agree partially. Boortz used to push the idea that products would cost the same as before and we would just have more disposable income.
I agree that we can save a lot in compliance costs. We can save a lot by having one collection method - one that is already in place in most states.
However, the prices will go up. Many states that currently have income taxes will switch to sales tax because they piggy back off the federal forms, which will go away. That will add to the price as well.
Prices may not go up 40%< but they will go up. Not paying income tax, payroll taxes, and hidden corporate taxes, along with collecting the probate means our income will go up.
Optimal scenario is that our income goes up by 30% and the average cost increase is the same.
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