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View Full Version : American Thinker Makes an Argument for FairTax - Agree, Disagree?



FrankRep
05-24-2011, 11:28 AM
The Political Basis for the FairTax (http://www.americanthinker.com/2011/05/the_political_basis_for_the_fa.html)


American Thinker
May 23, 2011



As the current debate over fiscal reform suggests, very few proposals for fundamental changes in tax policy have the potential to command support across the ideological spectrum. The "FairTax" is the great exception. Correctly understood, the Fair Tax Act (HR 25, S13 with 67 cosponsors (http://www.fairtax.org/site/PageServer?pagename=news_cosponsor)), which would replace almost all federal taxes with a direct tax on consumption, should appeal to conservatives, progressives, and libertarians alike.
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Full Article:
http://www.americanthinker.com/2011/05/the_political_basis_for_the_fa.html


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Mises, Lew Rockwell, and The New American have all rejected FairTax.



Exposing the FairTax Fraud

2008 - Is Making Taxes “Fair” the Answer?
http://www.thenewamerican.com/economy/economics-mainmenu-44/289-is-making-taxes-fair-the-answer

2009 - The Flat Tax Is Not Flat and the Fair Tax Is Not Fair
http://www.lewrockwell.com/vance/vance168.html

2008 - There Is Still No Such Thing As a Fair Tax
http://mises.org/daily/2961

2008 - The Flat Tax Is Not Flat
http://www.thenewamerican.com/economy/commentary-mainmenu-43/442

2005 - The Fair Tax Fraud
http://mises.org/daily/1814

2006 - The Fraudulent Tax
http://mises.org/daily/2327
kah13176
05-24-2011, 11:31 AM
No. Eliminate income tax, replace it with nothing. Government would still get as much tax revenue as it did in 1997. That's more than plenty.
JK/SEA
05-24-2011, 11:32 AM
fair tax
patriot act
military intelligence
jumbo shrimp
FrankRep
05-24-2011, 12:29 PM
No. Eliminate income tax, replace it with nothing. Government would still get as much tax revenue as it did in 1997. That's more than plenty.

That's a good future goal, but we can't eliminate income tax overnight.
angelatc
05-24-2011, 12:31 PM
I stand with Ron Paul:

FairTax is Better Than Our Current System
erowe1
05-24-2011, 12:46 PM
Options 2 and 3 in the poll are not mutually exclusive. I would probably agree with both of them.
pcosmar
05-24-2011, 12:51 PM
That's a good future goal, but we can't eliminate income tax overnight.

Sure we can.
In the well known words of Mr. Trump.."You're Fired"
Kludge
05-24-2011, 12:52 PM
Options 2 and 3 in the poll are not mutually exclusive. I would probably agree with both of them.
This. I'd vote for a Fair Tax to replace the current scheme and then work to eliminate it.
specsaregood
05-24-2011, 12:53 PM
I stand with Ron Paul:

FairTax is Better Than Our Current System

But he also said he fears we would end up with BOTH the fairtax and the income tax.
pcosmar
05-24-2011, 12:57 PM
I stand with Ron Paul:

FairTax is Better Than Our Current System

Perhaps, but from what I have seen in looking at it, I doubt that. At least in it's present incarnation.
A flat tax, and without the convoluted exemptions and loopholes would be more fair, but Government Spending needs to be addressed as well.
That is the real issue.
Superfly
05-24-2011, 01:09 PM
Perhaps, but from what I have seen in looking at it, I doubt that. At least in it's present incarnation.
A flat tax, and without the convoluted exemptions and loopholes would be more fair, but Government Spending needs to be addressed as well.
That is the real issue.
Yeah, the biggest issue with the FairTax is that it isn't being designed to cut taxes, it's just simplifying the code...which I guess you could argue MIGHT make the whole process "fair" but it really isn't fair to confiscate wealth in the first place.

The issue is taxes, not the type of tax system.