Thoughts on the "Fair Tax"

echelon1k1 said:

well selective deleting is pissing many off too...

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actually its never selective deletion, either youre TOO slow and dont see that UB's responses get deleted, or youre too concerned with your own head up your ass you dont notice other peoples posts are being deleted,
it isnt just yours.
its many people. youre just not noticing cause youre blinded by rage.

sunni said:

actually its never selective deletion, either youre TOO slow and dont see that UB's responses get deleted, or youre too concerned with your own head up your ass you dont notice other peoples posts are being deleted,
it isnt just yours.
its many people. youre just not noticing cause youre blinded by rage.

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you may think that young lady but you are sorely mistaken

echelon1k1 said:

you may think that young lady but you are sorely mistaken

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yeah

I've had my most recent gifs deleted and not sure why. Only thing I can come up with is that they were attached to a quote that got deleted or they were reported. But they have never been bad. So idk.

echelon1k1 said:

deleting entire threads instead of closing them? nice try sweetums...

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deleting or closing threads is up to the mod who wants to delete or close i choose to delete because you people cant continue to use it as a weapon. or because theres too many posts to delete .

sunni said:

youre just not noticing cause youre blinded by rage.

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.......

Guys, this is one of the few topics in the politics subforum that completely has noting to do with most of the bullshit that most of us (including me) argue about. I have been a part of many internet communities, and as pissed off as we could make each other on just about any topic, with each new one we started fresh. It wasn't about personal greivences, but about advocating our ideas. Even you guys I typically agree with are little children, and buck is the biggest 4 year old of all. Show some maturity, advocate your ideas, but stop this petty shit. It stiffels the flow of ideas. I love new ideas, even those with which I don't agree. That's why I watch Bill Maher.

BigNBushy said:

buck is the biggest 4 year old of all. Show some maturity, advocate your ideas, but stop this petty shit. It stiffels the flow of ideas. I l

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*stifles

say, speaking of petty and childish, what happened to your sig?



LOL!

UncleBuck said:

*stifles

say, speaking of petty and childish, what happened to your sig?



LOL!

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As you say, I decided it was petty and childish... I am not above admitting I am wrong.

BigNBushy said:

the FT is progressive in nature to the extent that it offers a "prebate" to each individual or family each month of the calculated cost of the tax based on the poverty level. In other words, whatever the poverty level is deemed to be, the tax payer would get a government benefit card or check each month that would essentially preimburse them for the taxes that would be charged to them that month.

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This Fair Tax is nonsense. If you don't steal somebody's money to begin with you don't have to pretend to give it back a fair amount to make it seem fair. The funny part of this type of plan is that its actually follows the principles of a socialistic welfare state (I think thats what a lot of demos really want). Kind of like Oblama pretending to play Robin Hood when he was actually raising taxes.

What we need is a complete knockdown and rewrite of US tax code, for simplification and fairness and a strip down of the IRS to the minimum needed to collect paperwork.

PurpleBuz said:

This Fair Tax is nonsense. If you don't steal somebody's money to begin with you don't have to pretend to give it back a fair amount to make it seem fair. The funny part of this type of plan is that its actually follows the principles of a socialistic welfare state (I think thats what a lot of demos really want). Kind of like Oblama pretending to play Robin Hood when he was actually raising taxes.

What we need is a complete knockdown and rewrite of US tax code, for simplification and fairness and a strip down of the IRS to the minimum needed to collect paperwork.

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Your post makes no sense. What about the FT involves stealing? The beauty of a consumption tax is it is an almost voluntary tax. What principals of this promote the welfare state? The prebate? It is basically just giving back what one would pay. Did you know though, that Nixon toyed around with a guaranteed minimum income for EVERY American citizen.

BigNBushy said:

Your post makes no sense. What about the FT involves stealing? The beauty of a consumption tax is it is an almost voluntary tax. What principals of this promote the welfare state? The prebate? It is basically just giving back what one would pay. Did you know though, that Nixon toyed around with a guaranteed minimum income for EVERY American citizen.

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consumption is almost voluntary?

no, not really.

UncleBuck said:

for the third time, i reject your question as it contains a false presupposition.

unless, of course, the war you are referring to was against a worthy adversary. like the nazis, or the confederacy, or the crown. in that case, i would fully support war.

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Perhaps you've heard the old saying, "actions speak louder than words." You support war, all of it. You obediently give up your money and what happens to it after it's taken, is out of your hands regardless of your personal wishes. You might not like that YOU SUPPORT WAR, BUT YOU DO NEVERTHELESS.

That sound you hear in your head, is your cognitive dissonance bell. You are not alone, many people suffer from the same self delusions....that's why the system has perpetuated this long.

Do you think it is possible to get the dessert and somehow you won't have to eat the spinach? Now who's stroking a boner? When you obediently give up your money, that money is used for many many things that you say you don't support, but guess what? "They" don't give a shit. Your money supports the RACIST drug war. Your money supports the bombs for babies and world empire. Your money supports all of the shitty things that happen that you and many others disapprove of. All of it...your money.

You see the system was designed to give people like you bread and circuses to keep your eye off what really happens. You are a pawn.

I'm sorry that you wish by ignoring things it will make it that you don't support war, but you do. Deal with it.

PetFlora said:

Wrap your mind around this...

if the Federal Reserve was taxed a measly 0.03% , ALL debt would be eliminated in a very short period of time

ALSO, the debt is artificial. The fed creates money out of ones and zeros, absolutely NOTHING behind it

STOP playing their blood sucking game

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That's an interesting point. Rather than taxing this entity, why not eliminate it?

Speaking of the Federal Reserve a good book to read is the Creature From Jekyll Island.

PurpleBuz said:

This Fair Tax is nonsense. If you don't steal somebody's money to begin with you don't have to pretend to give it back a fair amount to make it seem fair. The funny part of this type of plan is that its actually follows the principles of a socialistic welfare state (I think thats what a lot of demos really want). Kind of like Oblama pretending to play Robin Hood when he was actually raising taxes.

What we need is a complete knockdown and rewrite of US tax code, for simplification and fairness and a strip down of the IRS to the minimum needed to collect paperwork.

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Unfortunately, one of the reasons the tax code has gotten so long and complicated is the unavoidable fact that large corporations literally employ hundreds of thousands of accountants and tax attorneys to game the tax laws in ways that would be entirely legal.

PetFlora said:

Wrap your mind around this...

if the Federal Reserve was taxed a measly 0.03% , ALL debt would be eliminated in a very short period of time

ALSO, the debt is artificial. The fed creates money out of ones and zeros, absolutely NOTHING behind it

STOP playing their blood sucking game

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How could that possibly be true? As of just a few days ago, the Fed only had $3.5 trillion in assets. Your tax would amount to just $1 billion.

You don't seem to realize that the Fed is already "taxed" at a rate of 100%: all the profits of the reserve banks are paid to the treasury every single year. This amounted to about $90 billion in 2012 and $77 billion in 2011, all of which was paid into the treasury, reducing the deficit.

You want to eliminate debt? The Fed has nothing to do with that. Put the blame where it actually belongs, on congress, which has borrowed and spent so much money and continues to do so.

Rob Roy said:

That's an interesting point. Rather than taxing this entity, why not eliminate it?

Speaking of the Federal Reserve a good book to read is the Creature From Jekyll Island.

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Only if you like fiction.

sunni said:

getting pretty sick of your arguments, keep it to the subject of the threads, not your personal vendettas. get OVER IT.

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You are asking people who have built these relationships over YEARS of time to just all of a sudden change the way they act?

C'Mon Sunni, this is the politics section, if you can't stand the heat stay out of the kitchen.

I have never taken anything anyone has ever said here personally.
I argue with Buck all the time, but he is probably my favorite person on my friends list. What to do?
I argue with my youngest brother almost daily.
Its all just a part of knowing who that other person is, getting a few jabs in and having fun.
Some people here LIKE TO ARGUE, why limit them?

tokeprep said:

How could that possibly be true? As of just a few days ago, the Fed only had $3.5 trillion in assets. Your tax would amount to just $1 billion.

You don't seem to realize that the Fed is already "taxed" at a rate of 100%: all the profits of the reserve banks are paid to the treasury every single year. This amounted to about $90 billion in 2012 and $77 billion in 2011, all of which was paid into the treasury, reducing the deficit.

You want to eliminate debt? The Fed has nothing to do with that. Put the blame where it actually belongs, on congress, which has borrowed and spent so much money and continues to do so.

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Geese that lay golden eggs don't care about profit either. They can just "create " it.

The fed wouldn't care about profit. If it wants some currency units, it can just create as much as it wants.

The Fed works in the interest of the BANKS. Banks are the ones making the profits, and they are FANTASTIC.

When the Fed buys Treasuries from the primary dealers (Banks), what premium do they pay for the privilege?

The only thing i could find was their method of accounting for the premium and its amortization schedule. Nothing to indicate how much "Profit" they give the banks in order to buy treasuries.