Duncan Hunter addresses the Fair Tax Rally
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Duncan Hunter addresses the Fair Tax Rally in Columbia, SC 05-15-07
Tags for this video: columbia debate Duncan fair Hunter presidential rally republican sc tax
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Just like they say corporations don't pay taxes -- only people do. Then they say the federal government will become a MAJOR taxpayer -- 800 billion worth.
Which country even HAS a sales tax on rent?
Which country even HAS a sales tax on chemotherapy?
This idiot FT would have the worlds HIGHEST sales tax on rent - medical cost, gasoline, utlity bill, even car insurance.
You would bitch like a stuck pig if it passed
A teenage household baby sitter would have revenue=payroll, so 23%(revenue-payroll): no tax.
Any money that does not go to your payroll goes to somewhere else. We could call this plan a 23% outsourcing tax or a 23% income tax credit.
You have described what I call "skimming" -- skimming the wealth and value that comes from work of others. Hard to define, tho. Cap gains & dividends could be called skimming for example.
But we NEED skimming, we NEED greed, as a motivation. God bless skimming - if its taxed as much as labor.
Right now the tax code screws work by taxing it 300% higher than skimming. Much of skimming pays no taxes.
Not sure the details of your plan, thou. Please email me to explain.
They have "clarified" that "misimpression". your employer can keep the money you used to pay in taxes that was deducted from your check. Your employer decides -- not you. Fairtax now says you take home the same as before -- no more, under Fairtax.
Surprised? So was I. Want the link to Boortz "clarifying it?" Email me.
BUSH = A moderate elitist, Big Govt. Illegal Alien loving Liberal Stooge !
Remember his term Compassionate Conservativism ? Well in 00' when he wanted to get the Nomination and fool you, it was Merely code Language for big govt. Open borders Moderate Global Liberalism.
HUNTER would intellectualy embarass, Dominate and wipe the floor with the Liberal stooge Bush, who is an empty suit
"In the aggregate, some households* would not be as well off for the first couple of years**. However, a stronger incentive to invest and save would cut into consumption, and the greater incentive to work would cut into leisure."
tinyurl 593htl, page 31
*those making $10K-$150K a year
**5-10 years, minimum
Incorrect. No quintile pays 33% in effective federal taxes. THe top 1% only pay about 31%*.
The middle classes pay 8-18%*. Under an FT, fairtaxorg/BHI's own numbers show the average effective rate of the middle classes and upper classes as around 19%.
So the top 1% receive a huge tax cut and the middle classes get a huge tax raise to make up the difference (revenue neutral, remember).
*includes ALL FiCA and CIT and Excise Taxes, Source=CBO