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Old 07-27-2011, 03:03 PM
 
29,988 posts, read 37,229,000 times
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Mike Huckabee defends tax reform via the Fair Tax to the House Ways & Means committee.

Huckabee defends Fair Tax proposal to skeptical Ways and Means members - TheHill.com

Quote:
House Democrats didnít mince words Tuesday in bashing the Fair Tax, a proposal popular in some conservative circles that would scrap federal income and payroll taxes for a national sales tax.

Proponents of the Fair Tax say it would increase transparency and better encourage saving among American workers. But Democrats on the House Ways and Means Committee, which held a hearing on consumption taxes Tuesday, offered a slew of criticisms of the plan, offering concerns about its effect on lower- and middle-class workers.
Predicatably Democrats are unwilling to consider anything which would require their dependent base to pay taxes.
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Old 07-27-2011, 03:05 PM
 
11,371 posts, read 7,352,370 times
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Fair Tax is a joke. The simpson-bowles plan or other similar variations that get rid of the spending in the tax code and lower rates and broaden the base is a far better plan than the gimmicky Fair Tax.
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Old 07-27-2011, 03:08 PM
 
Location: Raleigh, NC
20,017 posts, read 15,733,153 times
Reputation: 3745
Quote:
Originally Posted by Winter_Sucks View Post
Fair Tax is a joke. The simpson-bowles plan or other similar variations that get rid of the spending in the tax code and lower rates and broaden the base is a far better plan than the gimmicky Fair Tax.
Yeah, it's better to have IRS agents harassing the poor with audits.
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Old 07-27-2011, 03:09 PM
 
11,371 posts, read 7,352,370 times
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Quote:
Originally Posted by summers73 View Post
Yeah, it's better to have IRS agents harassing the poor with audits.
Who would enforce the Fair Tax?
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Old 07-27-2011, 03:11 PM
 
Location: San Diego
3,403 posts, read 5,202,648 times
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Quote:
Originally Posted by Winter_Sucks View Post
Who would enforce the Fair Tax?
We pay on the honor system.
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Old 07-27-2011, 03:11 PM
 
Location: Raleigh, NC
20,017 posts, read 15,733,153 times
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Quote:
Originally Posted by Winter_Sucks View Post
Who would enforce the Fair Tax?
A portion of the existing IRS agents. The rest...well, bye.
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Old 07-27-2011, 03:13 PM
 
11,371 posts, read 7,352,370 times
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Quote:
Originally Posted by summers73 View Post
A portion of the existing IRS agents. The rest...well, bye.
So those who cheat the system won't get audited?
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Old 07-27-2011, 03:15 PM
 
Location: Raleigh, NC
20,017 posts, read 15,733,153 times
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Quote:
Originally Posted by Winter_Sucks View Post
So those who cheat the system won't get audited?
Of course they would. It would be on the onus of businesses. They already maintain inventory and sold units for existing tax purposes. Would certainly save the poor and lower-middle class a lot of headache and stress, especially since they don't have the resources available to defend themselves.
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Old 07-27-2011, 03:17 PM
 
Location: Syracuse, New York
3,114 posts, read 2,526,885 times
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Under the Fair Tax, working under the table would be replaced by spending under the table.
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Old 07-27-2011, 03:19 PM
 
2,926 posts, read 5,314,533 times
Reputation: 1502
Whenever you head "broaden the base" that's code word for cut taxes on the rich and increase taxes on the poor.
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