Are Taxes Fair
June 28th, 2010
Question: Does anyone else here think the Fair Tax is a great idea?
No payroll taxes, a quarterly prebate. If anyone thinks it is a bad idea then I am afraid you may not understand the concept of the fair tax. And I would love to educate you about it.
A black market? why would there be a black market when the price of products is the same after it was passed as before? I am sure the numbers would remain almost unchanged.Answer: It's a sales tax, right? It's going to create a HUGE black market for everything.
Ok, let's say all of these embedded taxes are gone. So the base price of a good is lower. And a federal sales tax is added, so the sales price is roughly the same as it is now. That still means that a very large portion of the purchase price is tax. With expensive items like TVs and appliances, the sales tax could make up hundreds or even thousands of dollars. I don't see why a black market wouldn't form, unless you couple "fair tax" with totalitarianism.
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The Fair Tax Book: Saying Goodbye to the Income Tax and the IRS $4.40 Wouldn't you love to abolish the IRS ... Keep all the money in your paycheck ... Pay taxes on what you spend, not what you earn ... And eliminate all the fraud, hassle, and waste of our current system? Then the FairTax is for you. In the face of the outlandish American tax burden, talk-radio firebrand Neal Boortz and Congressman John Linder are leading the charge to phase out our current, unfair s... |
British finance minister hints at "tough but fair" emergency budget on Tuesday
British new coalition government's chancellor of the exchequer, Finance Minister George Osborne, said on Sunday that his emergency budget to be unveiled this coming Tuesday will be "tough but fair". &$ &$Britain's Finance Minister George Osborne speaks to BBC journalist Andrew Marr during a televised interview in London June 20, 2010. The biggest threat to Britain's economy is its huge budget ...
CUPE presents: "The Scourge of Fair Taxes"
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