On May 28, 7:28*am, gfn wrote:
On May 28, 10:19*am, "Scout"









wrote:
"gfn" wrote in message

....

On May 27, 6:11 pm, "Scout"
wrote:
"gfn" wrote in message

...

On May 27, 3:35 pm, RD Sandman wrote:
gfn wrote
:

On May 27, 12:57 pm, RD Sandman
wrote:
gfn wrote
innews:32f5e241-6e60-4d14-bfa8-cae2d3698f3e@
24g2000yqk.googlegroups.com:

On May 26, 8:06 pm, "Scout"
wrote:
"gfn" wrote in message


m.
..

On May 26, 4:04 pm, Gray Ghost
wrote:
gfn wrote in
news:cd664af5-c0a8-4200-a50e-2cdb60b5a
031
@w21g2000yqm.googlegroups.com:

On May 26, 3:20 pm, Gray Ghost
wrote:
gfn wrote in
news:5e36036b-9c38-4449-8578-
:

Under the FairTax
- * * wholesale = $50
- * * compliance costs = - $23
- * * FairTax = $23
- * * sales and other taxes = $27
- * * Grand total = $100

You are obviously a Democrat.

Then Herman Cain must be too because he supports the
FairTax.

--
Herman Cain for President! * * * * * * *http://her
man
cain.c
om/
If you don't support him you are a Racist!!
He beat Cancer. He'll beat Obama (who is just like cancer)

Remember Desert One, Carter 0? Ain't it sad to wish that
Obama had
as
muc
h
ambition but being glad he doesn't knowing he doesn't have
THAT muc
h
competence?

I refer to your math.

wholesale = $50
compliance costs = - $23
FairTax = $23
sales and other taxes = $27

Unless they changed the rules of math by Congressionl decree
that's $1
23.

You can refer to my math, in return I will refer to your
reading
comprehension. *Was there something about "- $23" (read minus
$23) that you didn't get? *I guess the example wasn't simple
enough for you.

Yep, and HOW exactly do you assume that compliance with sales
and
other taxes will suddenly be reduced to zero, when they will
still
need to comp
ly
and that it will cost absolutely NOTHING to comply with the
additional FairTax imposed?

You need to understand what compliance costs actually are. *They
are the costs associated with complying with the federal income
tax
on wages, regressive payroll taxes , the federal income tax on
wages, i.e. measuring, tracking, sheltering, documenting, and
filing our annual income.. *If those taxes are gone then just
what
exactly is there left to comply with and how does that cost any
money?

There are also state compliance costs associated with state income
taxes for employees, inventory taxes, license renewals, etc.. *Fair
tax does nothing about them. *In addition you also have some
compliance taxes fo
r
the operation of the Fair Tax....someone has to pay it.

Because that has to do with state taxes. *The FairTax is about
federal
taxation.

The point is that those costs are still there. *They were somewhat
amortized when combined with federal taxation but even if that goes
away,
the mechanisms of collecting those taxes don't.

The costs of production are there. *The costs of compliance are no
longer there.

EPA isn't going to be there anymore?

OSHA isn't going to be there anymore?

Workman's Comp isn't going to be there anymore?

Unemployment Benefits aren't going to be there anymore?

The need to comply with state/local tax requirements aren't going to be
there anymore?

You just can't wave your magic wand and claim all these things are going
away when they aren't.

With all due respect, what the hell are you talking about? *I never
claimed these things would go away. *Go read the fairtax site so you
can come in to this discussion with at least a tacit understanding of
it.

Sorry, but it's your job to support your claims and to present any specific
information needed to that end. It's not my job to good read up on a topic
you wish to discuss simply because you can't be bothered to present and
support your views.

Look, I said repeatedly that the fairtax replaces federal income taxes
including personal, estate, gift, capital gains, alternative minimum,
Social Security, Medicare, self-employment, and corporate taxes and
the compliance costs associated with them. *You come out of left field
with this EPA and OSHA nonsense. *It has no connection. *It's like
trying to prove a negative.

I agree to a point, but not all compliance costs will be eliminated.

Take Social Security, for example. While the tax collection aspect
will be eliminated for employers, the requirement to report income to
the Federal Government will not, since SS benefits are dependent on
that information.

State income taxes have been mentioned in this thread, and before you
say it, I know the Fair Tax deals with Federal taxes only. However,
State income taxes rely on the Federal income tax framework, so
there's bound to be some slop-over in compliance costs there. Perhaps
this has been taken into consideration.

Also, as has been mentioned, administration (collection, reporting,
and so on) of sales tax by business entities constitute a compliance
cost. (If you have ever had to administer sales tax for a State,
you'll know what I mean.) Perhaps this also has been taken into
consideration.