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Old 04-19-2011, 12:23 AM
 
Location: Virginia Beach
515 posts, read 368,212 times
Reputation: 139

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"Replace the tax code so we can establish tax fairness for everybody. And no, it is not regressive on the poor like the liberals try to demagogue the idea of moving toward a fair tax which is a single rate retail consumption tax,"

RealClearPolitics - Video - Herman Cain: Replace Tax Code So We Can Establish Tax Fairness For Everyone

Agree
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Old 04-19-2011, 12:26 AM
 
11,531 posts, read 10,289,340 times
Reputation: 3580
Quote:
Originally Posted by Dragneel View Post
"Replace the tax code so we can establish tax fairness for everybody. And no, it is not regressive on the poor like the liberals try to demagogue the idea of moving toward a fair tax which is a single rate retail consumption tax,"

RealClearPolitics - Video - Herman Cain: Replace Tax Code So We Can Establish Tax Fairness For Everyone

Agree
When conservatives talk about the unfair tax system, they often state that the lower 47% of Americans don't pay any taxes and the rich are taxed unfairly. The only way to make it fairer in their eyes would be to lower the taxes on the rich and raise it on the poor.
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Old 04-19-2011, 12:33 AM
 
Location: Reality
9,949 posts, read 8,851,320 times
Reputation: 3315
Quote:
Originally Posted by Savoir Faire View Post
When conservatives talk about the unfair tax system, they often state that the lower 47% of Americans don't pay any taxes and the rich are taxed unfairly. The only way to make it fairer in their eyes would be to lower the taxes on the rich and raise it on the poor.
Why not have everyone (yes everyone) pay 10% or 15% in federal income tax or whatever it takes to run a basic limited government, wouldn't that be fair?
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Old 04-19-2011, 01:14 AM
 
Location: Virginia Beach
515 posts, read 368,212 times
Reputation: 139
Quote:
Originally Posted by Backspace View Post
Why not have everyone (yes everyone) pay 10% or 15% in federal income tax or whatever it takes to run a basic limited government, wouldn't that be fair?
The Fair Tax Bill would replace the income tax by a VAT (23%)
I think it's fair.
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Old 04-19-2011, 01:24 AM
 
Location: Long Island (chief in S Farmingdale)
22,187 posts, read 19,459,426 times
Reputation: 5303
Quote:
Originally Posted by Dragneel View Post
The Fair Tax Bill would replace the income tax by a VAT (23%)
I think it's fair.
Jacking up the taxes on the working and middle class to give even more tax cuts to the wealthy is many things. Fair isn't one of those things....
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Old 04-19-2011, 05:07 AM
 
Location: North America
19,784 posts, read 15,109,663 times
Reputation: 8527
Quote:
Originally Posted by Dragneel View Post
"Replace the tax code so we can establish tax fairness for everybody. And no, it is not regressive on the poor like the liberals try to demagogue the idea of moving toward a fair tax which is a single rate retail consumption tax,"

RealClearPolitics - Video - Herman Cain: Replace Tax Code So We Can Establish Tax Fairness For Everyone

Agree

I'm a lib and I love the fair tax idea.
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Old 04-19-2011, 05:13 AM
 
Location: Chicago
4,085 posts, read 4,335,713 times
Reputation: 688
Quote:
Originally Posted by Dragneel View Post
The Fair Tax Bill would replace the income tax by a VAT (23%)
I think it's fair.
There is nothing fair about it. The rich would end up paying even LESS.
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Old 04-19-2011, 05:58 AM
 
Location: The Republic of Texas
78,863 posts, read 46,617,602 times
Reputation: 18521
Quote:
Originally Posted by Savoir Faire View Post
When conservatives talk about the unfair tax system, they often state that the lower 47% of Americans don't pay any taxes and the rich are taxed unfairly. The only way to make it fairer in their eyes would be to lower the taxes on the rich and raise it on the poor.


Taxing productivity and giving it to the lazy uneducated, that are unproductive.

Taxing personal income, places the rich against the poor and the poor against the rich. It is tactically use to separate and divide so they can conquer.
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Old 04-19-2011, 06:14 AM
 
Location: Londonderry, NH
41,479 posts, read 59,778,277 times
Reputation: 24863
The rich have been fighting the poor forever. It is rare the poor can fight back. The FDR administrations were the last time they managed it in this country. Since then the wealthy have been trying quite successfully to impoverish everybody but themselves. After Raygun borrowed money from the rich instead of taxing them they have had a field day. We, the lowest 90%, are far less prosperous now than then.

Fair tax as proposed as a VAT or most anything else is horse pucky. The only fair tax is based on all income from all sources and, given the income distribution in this country, has a deductable of 90+%. This places the burden of operation the country on the people that benefit the most from our government and our laws. Paying for what you get is the definition of fair. Only a high deduction income tax has that function.

I would support the Federal Government entirely on income tax, excise taxes on booze and other drugs and countervailing tariffs. The Feds would only be allowed to borrow money for real wars not the colonial adventures that are making the few rich at the expense of the rest of us and the countless local killed.
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Old 04-19-2011, 06:23 AM
 
17,401 posts, read 11,973,897 times
Reputation: 16155
Quote:
Originally Posted by tonythetuna View Post
There is nothing fair about it. The rich would end up paying even LESS.
Since they use less entitlement programs, that sounds fair.
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