Sounds like some of the ads against pro-FairTax candidates "my opponent wants to enact a 23% federal sales tax on everything you buy!". They "conveniently" omit that same politician is also eliminating the IRS, giving everyone a prebate, etc. They make it sound like its being added, not a replacement.
I hate intellectually dishonest people. With a passion.
That doesn't mean the fair tax isn't a terrible idea... Which it is.
If it is indeed such a terrible idea, that should be demonstrated on its merits, and be bad enough that lying is unnecessary.
Lying is unnecessary when all you have to do is explain how it works. 23% sales tax plus state tax (7% for IN for example). So if you go to buy a new car, you pay 30% of that amount in tax. A new, decent car will run you about $20k. Up front you're now paying $26k (20,000 x 1.3). Now if it's used, there's no federal tax. Why? Doesn't that encourage people to buy used products? The potential for abuse is large, and people will go out of their way to buy used. Manufacturers would be discouraged from innovating if less people buy their new goods. I'd be more open to it if it applied to all products bought at the consumer level, but as written it's just silly.
GFGT, the 'interesting voters' are the ones who DID vote in the DemocRAT primary and then, a couple weeks later, voted in the Republican primary.I wonder how many of those democrat voters that were enticed to vote in that run off thought they were voting in the general election and voting for a democrat over a republican...
GFGT, the 'interesting voters' are the ones who DID vote in the DemocRAT primary and then, a couple weeks later, voted in the Republican primary.
Lying is unnecessary when all you have to do is explain how it works. 23% sales tax plus state tax (7% for IN for example). So if you go to buy a new car, you pay 30% of that amount in tax. A new, decent car will run you about $20k. Up front you're now paying $26k (20,000 x 1.3). Now if it's used, there's no federal tax. Why? Doesn't that encourage people to buy used products? The potential for abuse is large, and people will go out of their way to buy used. Manufacturers would be discouraged from innovating if less people buy their new goods. I'd be more open to it if it applied to all products bought at the consumer level, but as written it's just silly.
Your example does not consider the reduction in cost of the auto due to elimination of the income taxes buried in the overhead of manufacturing the auto.
Regardless, tax on income needs to be abolished. It is nothing more than slavery to the state.
It is oft said that because of the property tax those that are subjected to it never really own property because of the reason that you have stated.How would you address this? In my reckoning, abolition of property tax is the most important issue. All other taxes are once and done on a given transaction. Property tax is a forever tax that threatens to strip you of everything you worked for as soon as you are unable to continue paying.
Sounds like a good reason to vote Tea Party to me. Hopefully they'll pull funding for white universities also.
How would you address this? In my reckoning, abolition of property tax is the most important issue. All other taxes are once and done on a given transaction. Property tax is a forever tax that threatens to strip you of everything you worked for as soon as you are unable to continue paying.