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Old May 25th 11, 09:45 PM posted to talk.politics.guns,alt.fan.rush-limbaugh,alt.rush-limbaugh,rec.radio.shortwave,alt.conspiracy
external usenet poster
 
First recorded activity by RadioBanter: Jan 2011
Posts: 19
Default Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?


"RD Sandman" wrote in message
...
gfn wrote in
:

On May 24, 3:00 pm, RD Sandman wrote:
gfn wrote
innews:fafaebf4-7788-4906-a699-839c2c5dac6b@

s2g2000yql.googlegroups.com:









On May 24, 2:34 pm, RD Sandman
wrote:
gfn wrote
innews:5111f00d-80ed-4513-9bae-c9a63b5cdb40@
x3g2000yqj.googlegroups.com:

On May 24, 1:23 pm, RD Sandman
wrote:
gfn wrote in
news:75946acf-fb50-4a71-9677-e0b1afec14b0
@w19g2000yql.googlegroups.com:

On May 24, 11:24 am, John Smith wrote:
On 5/24/2011 8:20 AM, gfn wrote:

...

Where are some credible souces to back up any of that
innuendo you
keep
attempting to push?

Truth is, sure looks like the wealthiest 1% are not paying
42% of all
of
governments costs, and sure looks like the top 19% are not
paying half of governments costs, until that happens they
are NOT paying their
fair
share ... a flat tax can fix that ...

Regards,
JS

I already said the tax data is at irs.gov

Now, as for a flat tax I agree with you 100%. The one I
advocate is the FairTax.

That is not a flat tax, it is a sales tax.

It's a sales tax but it is flat. It's a flat 23%.

You had better spend some time learning what a flat tax is.

I'm perfectly familiar with a flat tax.

Not sure about that since it has nothing to do with sales.


Sure I do. The "flat tax" has the government deriving its revenue
from the income tax.


Yep....at a flat rate for everybody.

The FairTax is related because it is a flat sales
tax that generates revenue from sales. It replaces the income tax as
the method of funding government. If you fully understand the FairTax
you will see exactly where I am coming from.


Then to keep it from becoming regressive you must drop that sales tax
from certain items, like food, housing, public transportation, gasoline,
etc.. or you end up with the poor paying a much larger percentage of
their income on those taxes than the wealthy.

The FairTax is a replacement

for the income tax.

Yes....and a flat tax is another method of figuring income tax.


Yeah....and they both accomplish the same thing. The FairTax is
better because a flat tax still involves taxing income which then
leads to exemptions, deductions, and keeps the 16th amendment in place
as well as the IRS, and I can go on and on about the pitfalls of our
current tax system.


A flat tax on income replaces the current tax system. If properly
administered it only has ONE deduction and that is poverty level wages
for a family of four. Everyone gets that ONE deduction, or exemption if
you prefer, and no other. You can do your tax on a postcard.

It uses a flat 23% as the revenue generator.

Call it what you will, the FairTax is a winner.

You may think so. I don't. I think it needs too many adjustments so
that it does not become regressive.


I don't think so, I know so. Tell me how this is regressive?

Current tax system:

Taxpayer earns $1000 a year.
IRS takes 25%: $250.
Taxpayer has $750 left to spend.
Taxpayer buys a new toaster for a FINAL total of $130.
Taxpayer has $620 left.

Fairtax system:

Taxpayer earns $1000 a year.
IRS takes 0%: $0
Taxpayer has $1000 left to spend
Taxpayer buys a new toaster for a FINAL total of $130.
Taxpayer has $870 left.

I'll go one better under the fairtax system.

Taxpayer earns $1000 a year.
IRS takes 0%: $0
Taxpayer has $1000 left to spend
Taxpayer buys a USED toaster for a total of $100.
Taxpayer pays NO fairtax sales tax.
Taxpayer has $900 left.

So, again, how is that regressive.


Same taxpayer......buys $100 worth of groceries.....pays $123 for them.
Rich guy, he eats the same, so he buys a $100 worth of groceries...pays
$123 for them. Which one spent the bigger percentage of their income on
a necessity? OK, let's fix it....we will not pay that tax on
groceries....oooops, you just generated an exception.

Three suggestions for you to find out why as well as any other
questions you might have:

1) go visit fairtax.org and read it from front to back. Pay
particular attention to the FAQ.
2) Buy and read "The FairTax Book" by Linder and Boortz.
3) Then buy and read "FairTax:The Truth: Answering the Critics"

It will all become crystal clear.


I am familiar with sales tax schemes, they have been around for years.
With exemptions, they become just as convoluted as the current system.
Excise luxury taxes were another attempt to soak the rich as poor poeple
would never buy luxury taxed items. How did that work out?


--
Sleep well tonight....RD (The Sandman)

If you woke up this morning....
Don't complain.


More nonsense.
We have a system that was god when it started and has been eroded over the
years.
It was sound.
It can be made sound again without phony "fair" tax and "flat" tax nonsense
Fix it.

  #2   Report Post  
Old May 25th 11, 10:07 PM posted to talk.politics.guns,alt.fan.rush-limbaugh,alt.rush-limbaugh,rec.radio.shortwave,alt.conspiracy
gfn gfn is offline
external usenet poster
 
First recorded activity by RadioBanter: May 2011
Posts: 25
Default Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?

On May 25, 4:45*pm, "Sid9" sid9@ bellsouth.net wrote:
"RD Sandman" wrote in message

...









gfn wrote in
:


On May 24, 3:00 pm, RD Sandman wrote:
gfn wrote
innews:fafaebf4-7788-4906-a699-839c2c5dac6b@
s2g2000yql.googlegroups.com:


On May 24, 2:34 pm, RD Sandman
wrote:
gfn wrote
innews:5111f00d-80ed-4513-9bae-c9a63b5cdb40@
x3g2000yqj.googlegroups.com:


On May 24, 1:23 pm, RD Sandman
wrote:
gfn wrote in
news:75946acf-fb50-4a71-9677-e0b1afec14b0
@w19g2000yql.googlegroups.com:


On May 24, 11:24 am, John Smith wrote:
On 5/24/2011 8:20 AM, gfn wrote:


* ...


Where are some credible souces to back up any of that
innuendo you
keep
attempting to push?


Truth is, sure looks like the wealthiest 1% are not paying
42% of all
of
governments costs, and sure looks like the top 19% are not
paying half of governments costs, until that happens they
are NOT paying their
fair
share ... a flat tax can fix that ...


Regards,
JS


I already said the tax data is at irs.gov


Now, as for a flat tax I agree with you 100%. *The one I
advocate is the FairTax.


That is not a flat tax, it is a sales tax.


It's a sales tax but it is flat. *It's a flat 23%.


You had better spend some time learning what a flat tax is.


I'm perfectly familiar with a flat tax.


Not sure about that since it has nothing to do with sales.


Sure I do. *The "flat tax" has the government deriving its revenue
from the income tax.


Yep....at a flat rate for everybody.


The FairTax is related because it is a flat sales
tax that generates revenue from sales. *It replaces the income tax as
the method of funding government. *If you fully understand the FairTax
you will see exactly where I am coming from.


Then to keep it from becoming regressive you must drop that sales tax
from certain items, like food, housing, public transportation, gasoline,
etc.. or you end up with the poor paying a much larger percentage of
their income on those taxes than the wealthy.


* The FairTax is a replacement


for the income tax.


Yes....and a flat tax is another method of figuring income tax.


Yeah....and they both accomplish the same thing. *The FairTax is
better because a flat tax still involves taxing income which then
leads to exemptions, deductions, and keeps the 16th amendment in place
as well as the IRS, and I can go on and on about the pitfalls of our
current tax system.


A flat tax on income replaces the current tax system. *If properly
administered it only has ONE deduction and that is poverty level wages
for a family of four. *Everyone gets that ONE deduction, or exemption if
you prefer, and no other. *You can do your tax on a postcard.


*It uses a flat 23% as the revenue generator.


Call it what you will, the FairTax is a winner.


You may think so. *I don't. *I think it needs too many adjustments so
that it does not become regressive.


I don't think so, I know so. *Tell me how this is regressive?


Current tax system:


Taxpayer earns $1000 a year.
IRS takes 25%: $250.
Taxpayer has $750 left to spend.
Taxpayer buys a new toaster for a FINAL total of $130.
Taxpayer has $620 left.


Fairtax system:


Taxpayer earns $1000 a year.
IRS takes 0%: $0
Taxpayer has $1000 left to spend
Taxpayer buys a new toaster for a FINAL total of $130.
Taxpayer has $870 left.


I'll go one better under the fairtax system.


Taxpayer earns $1000 a year.
IRS takes 0%: $0
Taxpayer has $1000 left to spend
Taxpayer buys a USED toaster for a total of $100.
Taxpayer pays NO fairtax sales tax.
Taxpayer has $900 left.


So, again, how is that regressive.


Same taxpayer......buys $100 worth of groceries.....pays $123 for them.
Rich guy, he eats the same, so he buys a $100 worth of groceries...pays
$123 for them. *Which one spent the bigger percentage of their income on
a necessity? *OK, let's fix it....we will not pay that tax on
groceries....oooops, you just generated an exception.


Three suggestions for you to find out why as well as any other
questions you might have:


1) go visit fairtax.org and read it from front to back. *Pay
particular attention to the FAQ.
2) Buy and read "The FairTax Book" by Linder and Boortz.
3) Then buy and read "FairTax:The Truth: Answering the Critics"


It will all become crystal clear.


I am familiar with sales tax schemes, they have been around for years.
With exemptions, they become just as convoluted as the current system.
Excise luxury taxes were another attempt to soak the rich as poor poeple
would never buy luxury taxed items. *How did that work out?


--
Sleep well tonight....RD (The Sandman)


If you woke up this morning....
Don't complain.


More nonsense.
We have a system that was god when it started and has been eroded over the
years.
It was sound.
It can be made sound again without phony "fair" tax and "flat" tax nonsense
Fix it.


Talk about nonsense.
  #3   Report Post  
Old May 25th 11, 10:44 PM posted to talk.politics.guns,alt.fan.rush-limbaugh,alt.rush-limbaugh,rec.radio.shortwave,alt.conspiracy
external usenet poster
 
First recorded activity by RadioBanter: Oct 2010
Posts: 159
Default Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?

"Sid9" sid9@ bellsouth.net wrote in :


"RD Sandman" wrote in message
...
gfn wrote in

:

On May 24, 3:00 pm, RD Sandman
wrote:
gfn wrote
innews:fafaebf4-7788-4906-a699-839c2c5dac6b@
s2g2000yql.googlegroups.com:









On May 24, 2:34 pm, RD Sandman
wrote:
gfn wrote
innews:5111f00d-80ed-4513-9bae-c9a63b5cdb40@
x3g2000yqj.googlegroups.com:

On May 24, 1:23 pm, RD Sandman
wrote:
gfn wrote in
news:75946acf-fb50-4a71-9677-e0b1afec14b0
@w19g2000yql.googlegroups.com:

On May 24, 11:24 am, John Smith
wrote:
On 5/24/2011 8:20 AM, gfn wrote:

...

Where are some credible souces to back up any of that
innuendo you
keep
attempting to push?

Truth is, sure looks like the wealthiest 1% are not paying
42% of all
of
governments costs, and sure looks like the top 19% are not
paying half of governments costs, until that happens they
are NOT paying their
fair
share ... a flat tax can fix that ...

Regards,
JS

I already said the tax data is at irs.gov

Now, as for a flat tax I agree with you 100%. The one I
advocate is the FairTax.

That is not a flat tax, it is a sales tax.

It's a sales tax but it is flat. It's a flat 23%.

You had better spend some time learning what a flat tax is.

I'm perfectly familiar with a flat tax.

Not sure about that since it has nothing to do with sales.


Sure I do. The "flat tax" has the government deriving its revenue
from the income tax.


Yep....at a flat rate for everybody.

The FairTax is related because it is a flat sales
tax that generates revenue from sales. It replaces the income tax
as the method of funding government. If you fully understand the
FairTax you will see exactly where I am coming from.


Then to keep it from becoming regressive you must drop that sales tax
from certain items, like food, housing, public transportation,
gasoline, etc.. or you end up with the poor paying a much larger
percentage of their income on those taxes than the wealthy.

The FairTax is a replacement

for the income tax.

Yes....and a flat tax is another method of figuring income tax.


Yeah....and they both accomplish the same thing. The FairTax is
better because a flat tax still involves taxing income which then
leads to exemptions, deductions, and keeps the 16th amendment in
place as well as the IRS, and I can go on and on about the pitfalls
of our current tax system.


A flat tax on income replaces the current tax system. If properly
administered it only has ONE deduction and that is poverty level
wages for a family of four. Everyone gets that ONE deduction, or
exemption if you prefer, and no other. You can do your tax on a
postcard.

It uses a flat 23% as the revenue generator.

Call it what you will, the FairTax is a winner.

You may think so. I don't. I think it needs too many adjustments
so that it does not become regressive.


I don't think so, I know so. Tell me how this is regressive?

Current tax system:

Taxpayer earns $1000 a year.
IRS takes 25%: $250.
Taxpayer has $750 left to spend.
Taxpayer buys a new toaster for a FINAL total of $130.
Taxpayer has $620 left.

Fairtax system:

Taxpayer earns $1000 a year.
IRS takes 0%: $0
Taxpayer has $1000 left to spend
Taxpayer buys a new toaster for a FINAL total of $130.
Taxpayer has $870 left.

I'll go one better under the fairtax system.

Taxpayer earns $1000 a year.
IRS takes 0%: $0
Taxpayer has $1000 left to spend
Taxpayer buys a USED toaster for a total of $100.
Taxpayer pays NO fairtax sales tax.
Taxpayer has $900 left.

So, again, how is that regressive.


Same taxpayer......buys $100 worth of groceries.....pays $123 for
them. Rich guy, he eats the same, so he buys a $100 worth of
groceries...pays $123 for them. Which one spent the bigger
percentage of their income on a necessity? OK, let's fix it....we
will not pay that tax on groceries....oooops, you just generated an
exception.

Three suggestions for you to find out why as well as any other
questions you might have:

1) go visit fairtax.org and read it from front to back. Pay
particular attention to the FAQ.
2) Buy and read "The FairTax Book" by Linder and Boortz.
3) Then buy and read "FairTax:The Truth: Answering the Critics"

It will all become crystal clear.


I am familiar with sales tax schemes, they have been around for
years. With exemptions, they become just as convoluted as the current
system. Excise luxury taxes were another attempt to soak the rich as
poor poeple would never buy luxury taxed items. How did that work
out?


--
Sleep well tonight....RD (The Sandman)

If you woke up this morning....
Don't complain.


More nonsense.
We have a system that was god when it started and has been eroded over
the years.
It was sound.
It can be made sound again without phony "fair" tax and "flat" tax
nonsense Fix it.



YOu just don't understand either the Fair Tax or a flat income tax, Sid.

--
Sleep well tonight....RD (The Sandman)

If you woke up this morning....
Don't complain.
  #4   Report Post  
Old May 25th 11, 11:55 PM posted to talk.politics.guns,alt.fan.rush-limbaugh,alt.rush-limbaugh,rec.radio.shortwave,alt.conspiracy
external usenet poster
 
First recorded activity by RadioBanter: May 2011
Posts: 207
Default Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?



"Sid9" sid9@ bellsouth.net wrote in message
...

"RD Sandman" wrote in message
...
gfn wrote in
:

On May 24, 3:00 pm, RD Sandman wrote:
gfn wrote
innews:fafaebf4-7788-4906-a699-839c2c5dac6b@
s2g2000yql.googlegroups.com:









On May 24, 2:34 pm, RD Sandman
wrote:
gfn wrote
innews:5111f00d-80ed-4513-9bae-c9a63b5cdb40@
x3g2000yqj.googlegroups.com:

On May 24, 1:23 pm, RD Sandman
wrote:
gfn wrote in
news:75946acf-fb50-4a71-9677-e0b1afec14b0
@w19g2000yql.googlegroups.com:

On May 24, 11:24 am, John Smith wrote:
On 5/24/2011 8:20 AM, gfn wrote:

...

Where are some credible souces to back up any of that
innuendo you
keep
attempting to push?

Truth is, sure looks like the wealthiest 1% are not paying
42% of all
of
governments costs, and sure looks like the top 19% are not
paying half of governments costs, until that happens they
are NOT paying their
fair
share ... a flat tax can fix that ...

Regards,
JS

I already said the tax data is at irs.gov

Now, as for a flat tax I agree with you 100%. The one I
advocate is the FairTax.

That is not a flat tax, it is a sales tax.

It's a sales tax but it is flat. It's a flat 23%.

You had better spend some time learning what a flat tax is.

I'm perfectly familiar with a flat tax.

Not sure about that since it has nothing to do with sales.


Sure I do. The "flat tax" has the government deriving its revenue
from the income tax.


Yep....at a flat rate for everybody.

The FairTax is related because it is a flat sales
tax that generates revenue from sales. It replaces the income tax as
the method of funding government. If you fully understand the FairTax
you will see exactly where I am coming from.


Then to keep it from becoming regressive you must drop that sales tax
from certain items, like food, housing, public transportation, gasoline,
etc.. or you end up with the poor paying a much larger percentage of
their income on those taxes than the wealthy.

The FairTax is a replacement

for the income tax.

Yes....and a flat tax is another method of figuring income tax.


Yeah....and they both accomplish the same thing. The FairTax is
better because a flat tax still involves taxing income which then
leads to exemptions, deductions, and keeps the 16th amendment in place
as well as the IRS, and I can go on and on about the pitfalls of our
current tax system.


A flat tax on income replaces the current tax system. If properly
administered it only has ONE deduction and that is poverty level wages
for a family of four. Everyone gets that ONE deduction, or exemption if
you prefer, and no other. You can do your tax on a postcard.

It uses a flat 23% as the revenue generator.

Call it what you will, the FairTax is a winner.

You may think so. I don't. I think it needs too many adjustments so
that it does not become regressive.


I don't think so, I know so. Tell me how this is regressive?

Current tax system:

Taxpayer earns $1000 a year.
IRS takes 25%: $250.
Taxpayer has $750 left to spend.
Taxpayer buys a new toaster for a FINAL total of $130.
Taxpayer has $620 left.

Fairtax system:

Taxpayer earns $1000 a year.
IRS takes 0%: $0
Taxpayer has $1000 left to spend
Taxpayer buys a new toaster for a FINAL total of $130.
Taxpayer has $870 left.

I'll go one better under the fairtax system.

Taxpayer earns $1000 a year.
IRS takes 0%: $0
Taxpayer has $1000 left to spend
Taxpayer buys a USED toaster for a total of $100.
Taxpayer pays NO fairtax sales tax.
Taxpayer has $900 left.

So, again, how is that regressive.


Same taxpayer......buys $100 worth of groceries.....pays $123 for them.
Rich guy, he eats the same, so he buys a $100 worth of groceries...pays
$123 for them. Which one spent the bigger percentage of their income on
a necessity? OK, let's fix it....we will not pay that tax on
groceries....oooops, you just generated an exception.

Three suggestions for you to find out why as well as any other
questions you might have:

1) go visit fairtax.org and read it from front to back. Pay
particular attention to the FAQ.
2) Buy and read "The FairTax Book" by Linder and Boortz.
3) Then buy and read "FairTax:The Truth: Answering the Critics"

It will all become crystal clear.


I am familiar with sales tax schemes, they have been around for years.
With exemptions, they become just as convoluted as the current system.
Excise luxury taxes were another attempt to soak the rich as poor poeple
would never buy luxury taxed items. How did that work out?


--
Sleep well tonight....RD (The Sandman)

If you woke up this morning....
Don't complain.


More nonsense.
We have a system that was god when it started and has been eroded over the
years.
It was sound.
It can be made sound again without phony "fair" tax and "flat" tax
nonsense
Fix it.


They did....how do you think they made such a mess of it?


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