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Forum: LiquidLounge
Re: Have you Libertatians seen this? ckelly New
Re: If he pushes the fair tax, then he's got my vote. <NT> AaronK New
Re: When you say "fair tax" do you mean replacing the income tax with a universal sales tax? ckelly New
Date: May 12 2008, 22:29 GMT
From: Chrisj

	It's a pretty good proposal in terms of what you describe.  They effectivley exclude all consumption up to poverty-level spending from taxation, and then tax at a flat statutory rate from there, which creates a progressive curve upward in effective tax rates as spending approaches infinity.  Consumption correlates more closely to wealth than income does- so if you're looking for a tax that targets wealth proportionately, then HR25/S25 is better in more ways than one than a progressive income tax. just sayin'. btw, I'm totally with you on the name- they should call it something else.

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Louies extended family is not exempt from the fair tax Mr.DeadLegs New

But of course, we are collecting taxes from undocumented forign workers;  They are paying withholding and FICA like ever <NT> ckelly New

RRRRRIIIIIIGGGGHHHHHTTttTttt Mr.DeadLegs New

Some don't but many do. <NT> ckelly New

Talkin out your ass, you want to see paycheck stubs. However they do tend to file married and five, but they pay taxes, Louie New

Depends on the industry. The construction workers are generally getting paid on a 1099 lrcable New

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