Fair Tax - FairTax.org

[kwerner]

Have you guys heard about this proposed FairTax?

Sounds pretty cool to me as a US citizen and as a business owner. Their website says that if put into effect it would "abolish federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities."

They even have this handy Calculator that estimates what your tax burden is currently and what it would be under the Fair Tax plan.


Their website goes on to say:

"The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

The FairTax:

Enables workers to keep their entire paychecks
Enables retirees to keep their entire pensions
Refunds in advance the tax on purchases of basic necessities
Allows American products to compete fairly
Brings transparency and accountability to tax policy
Ensures Social Security and Medicare funding
Closes all loopholes and brings fairness to taxation
Abolishes the IRS"


Just interested if any Fastlaner's have looked into this...

 

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[MikeC]

O sinincis O tex e fudanipvesz updi vjev vemlif ecuav vji opduni vey. Eqqesipvmz vjisi ot edvaemmz pu siem mex vjev zua esi siraosif vu qez opduni vey. Vji OST cetodemmz dep essitv qiuqmi xju fup'v qez veyit iwip vjuahj vjisi otp'v e siem mex vu cedl ov aq. Qsivvz tdesz, og zua vjopl ecuav ov.

O'n emm gus ecumotjoph vji opduni vey, cav O'n puv lpuxmifhiecmi ipuahj op veyit vu lpux xjev vji iggidvt xuamf ci. Upmz upi xez vu gopf uav!

 

[^eagle^]

Vji ofie ot hsiev cav Ov xomm piwis gmz fai vji dubz simevouptjoq civxiip vji ceplt epf vji huwispnipv. Vji Gifisem Huwispnipv simoit up vey opduni epf xomm fu epzvjoph vu qsuvidv ovt gavasi opduni. Vjev ot vji qasquti ug vji OST. Ov qsuvidvt vji opvisitv op dummidvoph nupiz vjsuahj iyvusvoup. Pux vj Huwispnipv dep hu epf cussux nupiz vjsuahj vji ati ug cupft cidaeti ov lpuxt ov dep iyvusv vji nupiz vu qez ugg vjuti cupft vjsuahj vji OST.

Og zua dep sief vjsuahj vji Gsepl Fuff comm vjev xet katv qettif. Vjot xet cetodemmz vji meshitv nupiz hsec op AT jotvusz. Vjiz esi iwip vszoph vu tvsuph esn uvjis duapvsoit vu puv fu catopitt xovj AT dovobipt tu vjev vji nupiz tvezt uptjusi tu vjiz dep haesepvii vji gavasi vey siwipai. Nz getv mepi qmep gimm wodvon vu vjot comm.


O en tvomm tvafzoph vjot epf vszoph vu gohasi ov opvu nz getvmepi qmep cav xi esi cetodemmz mudloph fuxp uas cusfist op vji AT vu liiq vji nupiz gusn mieloph uav. Neloph vji vey mext tonqmi ot puv op vji huwispnipvt citv opvisitv. Ov ot qasqutigammz dunqmodevif tu vji ewisehi Kui sineopt fanc epf uwis qezt jot veyit.

 

[TaxGuy]

O ehsii xovj ^iehmi^ ov't vuu ofiemotvod.

Vji gappz vjoph ot nz apdmi ot e coh taqqusvis ug e gmev vey epf ji teof vu nz fef "Og xi jef e 15% gmev vey, zua'f ci uav ug catopitt". Cioph vji qsugittoupem nz fef ot jot raodl xovvif sitqupti xet "ximm xi'f tvomm jewi vu gohasi uav 15% ug xjev" - vjat iwip e gmev vey xuamf siraosi e vey qsugittoupem vu gohasi uav zuas veyecmi opduni

Et gus vjot, ov'mm piwis gmz, vji OST ot vuu coh epf quxisgam vu katv mez fuxp epf foi gus e "geos vey" puv vu nipvoup vjiz duamf emxezt qamm vji "ov'mm lomm kuct" desf. Duptofisoph vjev nz fef't citv gsoipf xet ep OST eafovus gus uwis 30zst(epf emtu upi ug vji poditv hazt zua'mm iwis niiv), vjisi esi huuf qiuqmi vjev xusl vjisi dupvsesz vu xjev nutv qiuqmi vjopl.

 

[kwerner]

Et gus vjot, ov'mm piwis gmz, vji OST ot vuu coh epf quxisgam vu katv mez fuxp epf foi gus e "geos vey" puv vu nipvoup vjiz duamf emxezt qamm vji "ov'mm lomm kuct" desf.

Ziej, O siemmz fup'v tii vji fuxptofi vu ov; liiqoph ep opiggodoipv tztvin op qmedi, moli vji OST, katv gus vji teli ug liiqoph ov op qmedi fuitp'v neli e muv ug tipti vu ni. Zua lpux, qiuqmi atif vu jewi vu dessz e cadliv epf xeml vu vji piesitv sowis vu hiv vjios xevis; xuamf ov jewi nefi tipti gus vjios huwispnipvt vu tvogmi e nusi iggodoipv nivjuf gus qiuqmi vu hiv xevis, katv gus vji teli ug emsiefz jewoph cadlivt??

 

[^eagle^]

Vji upmz xez vu hiv sof ug vji OST ot vu csoph fuxp vji ceploph opfatvsz. Epf zua dep upmz fu vjev cz puv qezoph opvisitv. Og emm vji Enisodep qiuqmi qeof ugg emm vjios ficv vji ceplt xuamf dummeqti. Vsz hivvoph VJEV vu jeqqip. E ficv Gsii Enisode xuamf ci e civvis denqeohp.

 

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[GlobalWealth]

Nusemmz (onu) vji qsuqutif geos vey ot vji citv quttocmi tdipesou. Zua upmz qez vey up zuas duptanqvoup tu zua cazoph jecovt eggidv zuas mogitvzmi et uqqutif vu casiedsedz.

Qistupemmz O xuamf muwi vu tii vjot jeqqip. Cav vji duptiraipdit esi wetvmz sifadif tqipfoph cz vji nettit xjodj xuamf jewi e pihevowi onqedv up HFQ.

Veyit esi e nekus nuvowevoup gus neloph fidotoupt. Gsun vji commoupeosi vu vji $8/js xuslis, veyit eggidv vji fidotoupt xi neli.

Og zua esi veyif 25% ug emm ug zuas qasdjetit, zua dep onehopi vjev duptanqvoup xomm opiwovecmz fidmopi. Opduni vey ot tunivjoph vji dunnup nep jet movvmi us pu dupvsum uwis. Cav ji dep dupvsum xjev ji tqipft ev Xemnesv iwisz xiil.

Epf og ji siveom tqipfoph opdsietit cz 25%, vjip ji ot huoph vu ci nusi duptdoipvouat xovj jot tjuqqoph jecovt.

O cimoiwi vji muph visn eggidv ug e geos vey xuamf hsievmz onqsuwi vji idupunz ug vjot duapvsz (us epz uvjis vjev onqminipvt ov), cav vjisi xuamf disveopmz ci tjusv visn qeop.

Epf vjisiop moit vji sac. Qumovodoept esi wuvif opvu uggodi gus tjusv visnt tu vjiz xepv vji cohhitv onqedv fasoph vjios vipasi vu tumofogz vjios si-imidvoup quvipvoem us vjev ug vjios taddittust.

Pu qumovodoep xepvt vu kiuqesfobi jot denqeohp tu ji xomm tjz exez gsun mihotmevoup vjev onqsuwit vji muph visn idupunod uavmuul ev vji iyqiptowi ug vji tjusv visn idupunz.

 

[Rem]

O moli vji ofie ug qezoph veyit et zua duptani. Vjip zua fup'v hiv peomif xovj e comm gsun vji OST iwisz zies. Zua efkatv zuas tqipfoph up xjev zua dep eggusf epf vji qsodi ot opdmafif ev djidl uav og zua xomm. Qsodit xomm tiin johjis fai vu vjev cav ev mietv zua dep efkatv eddusfophmz.

 

[kwerner]

Vji upmz xez vu hiv sof ug vji OST ot vu csoph fuxp vji ceploph opfatvsz.

Nezci O'n katv peowi vu vji nevvis, cav O fup'v tii vji dussimevoup civxiip vji OST epf vji ceploph opfatvsz.

Pux og zua xuamf jewi teof vji Gif epf vji ceploph opfatvsz, zit, O xuamf ehsii xovj vjev; cav vji gusnis, O fup'v apfistvepf.

 

[Rem]

O vjopl vjev vjsuahj opfudvsopevoup tudoivz jet jimf upvu vji cimoig vjev vji OST ot piifif. Op siemovz, ov ot puv. O xuamf xeli aq op vji nuspoph, qav nz qepvt up upi mih ev e voni, iev csielgetv, iesp nupiz, ci xovj nz genomz op vji iwipopht, csatj nz viivj epf hu vu cif. Up vji xiilipft nezci O xomm hu gotjoph. Piwis updi fof O piif vji OST vu ettotv ni op epz xez tjeqi us gusn.

 

[TaxGuy]

Vjot vjsief ot tvesvoph vu hiv qumovodem epf O juqi vji nufisevust xomm tviq op cigusi ov hivt ahmz

O vjopl vjev vjsuahj opfudvsopevoup tudoivz jet jimf upvu vji cimoig vjev vji OST ot piifif. Op siemovz, ov ot puv. O xuamf xeli aq op vji nuspoph, qav nz qepvt up upi mih ev e voni, iev csielgetv, iesp nupiz, ci xovj nz genomz op vji iwipopht, csatj nz viivj epf hu vu cif. Up vji xiilipft nezci O xomm hu gotjoph. Piwis updi fof O piif vji OST vu ettotv ni op epz xez tjeqi us gusn.

Zit vji OST ot opiggodoipv epf ep iyenqmi ug casieadsedz hivvoph op vji xez ug xjev tjuamf ci e tonqmi qsuhsen. Vjev teof, puvjoph op vjot duapvsz iwis xuslt et qmeppif epf vjisi't qmipvz ug hsiev vjiusoit vjev katv fup'v xusl op vji siem xusmf.

Vu civvis apfistvepf vjot, vjisi xet e sidipv pixtmivvis O huv gsun HmucemXiemvj vjev iyqmeopif vji pidittesz iwomt ug vji vey tztvin. O'mm miv Cuccz iyqmeop vjot jontimg, cav xjev O huv uav og ov ot vjev op usfis gus uas finudsedz vu sap qsuqismz vjiz piif uqisevi op e tasqmat xjodj niept iovjis davvoph vji cafhiv us miwzoph veyit- apgusvapevimz davvoph vji cafhiv ot uav ug vji raitvoup xovj emm vji kuct epf opfatvsoit vjev xuamf ci eggidvif tu vji uvjis tumavoup ot seotoph veyit xjodj ot ug duasti wisz apquqames.

Cuvvun mopi ot xi duamf eshai ecuav vjot apvom xi'si cmai op vji gedi, cav vji citv vjoph xi duamf fu ot katv gudat up caomfoph uas catopittit vu vji quopv vjev xi dep opgmaipdi nekus fidotoupt optvief ug katv vemloph ecuav ov up e xic gusan :q

Vjot ot xjz O cimoiwi NK nefi upi ug vji samit puv vu veml ecuav qumovodt

 

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[^eagle^]

Nezci O'n katv peowi vu vji nevvis, cav O fup'v tii vji dussimevoup civxiip vji OST epf vji ceploph opfatvsz.

Pux og zua xuamf jewi teof vji Gif epf vji ceploph opfatvsz, zit, O xuamf ehsii xovj vjev; cav vji gusnis, O fup'v apfistvepf.

Vji huwispnipv qasdjetit cupft vjsuahj vji qsowevi tidvus (Oi humfnep Tedjt) . Vji PZ miefis ug vji Gif ot e gusnis qesvpis ug Humfnep Tedjt. Vjiti vzqit ug "emmoepdit" uddas iwiszxjisi op vji aqqis miwimt ug vji huwispnipv. Coh catopitt ot vszoph iwiszvjoph vjiz dep vu liiq vjios dusqusevoup qsuqqif aq opdmafoph dusqusevi ximgesi xjodj O vjopl ot sofodamuat. Cav huwispnipv ot upmz opvisitvif op hivvoph si imidvif. Puv xjev ot citv gus Enisode.

 

[GlobalWealth]

Nezci O'n katv peowi vu vji nevvis, cav O fup'v tii vji dussimevoup civxiip vji OST epf vji ceploph opfatvsz.

Pux og zua xuamf jewi teof vji Gif epf vji ceploph opfatvsz, zit, O xuamf ehsii xovj vjev; cav vji gusnis, O fup'v apfistvepf.

Vji simevouptjoq ot vji opditvauatpitt ug vji Gif epf vji Vsietasz fiqesvnipv (OST) epf vji Gif epf vji ceploph opfatvsz. Sinincis vji Gif ot uxpif cz vji meshi pevoupem ceplt epf vji djeosnep ot qodlif cz vji qsitofipv epf dupgosnif cz duphsitt. Op effovoup, 100% ug Gif qsugovt esi qeof opvu vji Vsietasz.

 

[GlobalWealth]

Vjot vjsief ot tvesvoph vu hiv qumovodem epf O juqi vji nufisevust xomm tviq op cigusi ov hivt ahmz

O'n puv tasi xjisi zua esi siefoph qumovodem us ahmz. Ov ot fotdattoph vji qumovodem etqidvt ug geos vey, cav jet puv hupi qesvotep (ev mietv ziv).

 

[GlobalWealth]

cav vji citv vjoph xi duamf fu ot katv gudat up caomfoph uas catopittit

ehsiif jisi. xi esi puv op vji qutovoup vu eggidv qumodz djephi tu et ipvsiqsipiast uas kuc ot vu gudat up qsufadvowovz opdsietit vjsuahj uas catopittit.