Flat tax - the CONs' dream. Would they adopt the following?

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A National sales tax is far better.

www.fairtax.org

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Sales tax would have to be graduated to some extent too.  You assign each item a "luxury" value from 1-10.  You'd pay maximum tax for buying a yaht but no tax for buying bread.

I don't like the flat tax because it shifts a greater burden onto the poor and middle class.

So what if a guy who makes $25,000 a has saved to buy his girlfreind a nice engagement ring, should he too have to pay a huge tax?

Ten percent maximum.

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Sales tax would have to be graduated to some extent too.  You assign each item a "luxury" value from 1-10.  You'd pay maximum tax for buying a yaht but no tax for buying bread.

I don't like the flat tax because it shifts a greater burden onto the poor and middle class.

So what if a guy who makes $25,000 a has saved to buy his girlfreind a nice engagement ring, should he too have to pay a huge tax?

Certain scenarios like that perhaps can be taken care of.  It's still better than that guy having to pay full tax on bread and butter.

Food would be exempt from a national sales tax.

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www.fairtax.org is the answer. Read the page it does have congressional support!

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Sales tax would have to be graduated to some extent too.  You assign each item a "luxury" value from 1-10.  You'd pay maximum tax for buying a yaht but no tax for buying bread.

I don't like the flat tax because it shifts a greater burden onto the poor and middle class.

So what if a guy who makes $25,000 a has saved to buy his girlfreind a nice engagement ring, should he too have to pay a huge tax?

Ten percent maximum.

Ten percent is a lot of money for someone who isn't making much.

We pay 6.5% sales tax in Florida. It's not to bad really.

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Sales tax would have to be graduated to some extent too.  You assign each item a "luxury" value from 1-10.  You'd pay maximum tax for buying a yaht but no tax for buying bread.

I don't like the flat tax because it shifts a greater burden onto the poor and middle class.

So what if a guy who makes $25,000 a has saved to buy his girlfreind a nice engagement ring, should he too have to pay a huge tax?

Ten percent maximum.

Ten percent is a lot of money for someone who isn't making much.

We pay 6.5% sales tax in Florida. It's not to bad really.

We pay 6%, but think about it you had to pay 16.5% (national+state)  That starts to add up.

Yes but think about it. If their was no income tax we wouldn't have 30-40 to however many dollars a week taken out of our check. The costs would easily be balanced out. And you would have extra left over. Businesses however would still be required to pay income tax as that's what the income tax was originally established for.

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Sales tax would have to be graduated to some extent too.  You assign each item a "luxury" value from 1-10.  You'd pay maximum tax for buying a yaht but no tax for buying bread.

I don't like the flat tax because it shifts a greater burden onto the poor and middle class.

So what if a guy who makes $25,000 a has saved to buy his girlfreind a nice engagement ring, should he too have to pay a huge tax?

Ten percent maximum.

Ten percent is a lot of money for someone who isn't making much.

We pay 6.5% sales tax in Florida. It's not to bad really.

We pay 6%, but think about it you had to pay 16.5% (national+state)  That starts to add up.

Yes but think about it. If their was no income tax we wouldn't have 30-40 to however many dollars a week taken out of our check. The costs would easily be balanced out. And you would have extra left over. Businesses however would still be required to pay income tax as that's what the income tax was originally established for.

True, but the average person would fell more taxed, because they would acctually handle the money before they lose it.  That's how the government keeps control over people, it never even lets them see the money.

Bingo! And you know what the government does if you try to oppose their "fair tax"? They send thug IRS agents to pound down your door and illegaly order courts to steal your money from the bank. Their was one case where a couple died and they owed the IRS a large sum of money. Well the IRS came after the children for the money and they were dead serious about getting it. The stories go on and on.

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A National sales tax is far better.

www.fairtax.org

[begin saracasm]
Naw, not  regressive enough, we need a $10000 per person.

I wish!

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Sales tax would have to be graduated to some extent too.  You assign each item a "luxury" value from 1-10.  You'd pay maximum tax for buying a yaht but no tax for buying bread.

I don't like the flat tax because it shifts a greater burden onto the poor and middle class.

So what if a guy who makes $25,000 a has saved to buy his girlfreind a nice engagement ring, should he too have to pay a huge tax?

Ten percent maximum.

Like some other plans I've heard, this wouldn't come close to funding the government.  Does "fairtax" actually have an estimate for how much revenue a 10% sales tax would collect?

I would guess this tax would have to be about 40% to come close to a balanced budget, if you're not taxing food or any spending up to the poverty line.

Are you counting out income taxes on corporations? That is a HUGE sum of money that comes into the federalg government. It works perfectly fine on the state level at 4-10% depending on the state. Why do you think it would have to be 40% to work on the federal level? Why does this have support from members like Tom Delay?

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Sales tax would have to be graduated to some extent too.  You assign each item a "luxury" value from 1-10.  You'd pay maximum tax for buying a yaht but no tax for buying bread.

I don't like the flat tax because it shifts a greater burden onto the poor and middle class.

So what if a guy who makes $25,000 a has saved to buy his girlfreind a nice engagement ring, should he too have to pay a huge tax?

Ten percent maximum.

Like some other plans I've heard, this wouldn't come close to funding the government.  Does "fairtax" actually have an estimate for how much revenue a 10% sales tax would collect?

I would guess this tax would have to be about 40% to come close to a balanced budget, if you're not taxing food or any spending up to the poverty line.

Are you counting out income taxes on corporations? That is a HUGE sum of money that comes into the federalg government. It works perfectly fine on the state level at 4-10% depending on the state. Why do you think it would have to be 40% to work on the federal level? Why does this have support from members like Tom Delay?

Maybe not 40%, but at least 30%.   Is Fairtax actually advocating only 10%.  If this is an actual proposal with congressional support, I wonder if anyone has had CBO score the bill.

What does the average family pay in federal taxes?  About 25%, I think, so the tac would have to be at least this high.  Plus, you're exempting the first $15K-$20K of everyone's spending.  Plus you're exempting food.  And people don't spend every dime they make, so everything they save doesn't get taxed.  I'd say this would push it up to around 40%.

Go to the site and read the bill. It's on there.

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The proposed bill sets the tax rate at 23%.

Lower than I thought, but still much higher than 10%.

Sounds fair.