No tax on used goods. The amount you pay to fund the government is totally visible.

FairTax FACT: No tax on used goods. The amount you pay to fund the government is totally visible.
FairTaxFraud: This is just replacing one tax with another. It makes things things like used land, used acreage, used mansions, used yachts, used rolls royce’s (long lived property) all tax free while things like food, healthcare, surgery, legal services, clothing, rent, mortgage, (consumable property) etc. all taxable. Now that all the best property – huge farms, ocean-side beach homes, private wooded acres etc. is owned by the rich, according to the FairTax it should now be tax-free forever and can be transferred to all succeeding generations of spoiled rich kids completely tax free. The visibility myth is complete nonsense. Things like food, rent, clothes are the visible items the FairTax wants to track. Unfortunately tracking who ate what and how much heat you used is almost impossible on a large scale. The things that are tracked by banks like property, stocks, and bonds are the things that should be visible because they are so easy to track. The FairTax makes these property transactions tax free and thus invisible to the government. The alternative No-Tax Plan is just the opposite – it doesn’t track and tax your Big Mac, or your new clothes, but it does tax and track estates, yachts, and investment property. The alternative No-Tax Plan would make new and used goods completely tax free.

This is just replacing one tax with another.” ~FairTaxFraud

FAIRTAXER: Why yes, yes it is! It’s replacing a corrupt, cascading, cumulative, invasive income tax with a single-rate tax that is 100% visible, transparent, and fair to EVERY U. S. citizen – the FairTax.

It makes things things like used land, used acreage, used mansions, used yachts, used rolls royce’s (long lived property) all tax free while things like food, healthcare, surgery, legal services, clothing, rent, mortgage, (consumable property) etc. all taxable.” ~FairTaxFraud

FAIRTAXER: I find it interesting how FairTaxFraud goes straight for the class warfare card when the premise of the FairTax is to stop such class warfare. The fact is that the FairTax also makes things like that cute little 2bd/1bt/1cg that you’ve been looking at retiring in completely tax free. And that used jon-boat you’ve been wanting to take out on the lake? Tax free. Or how about that used Ford Mustang that your daughter has wanted for her graduation present? Again, tax free. The people at FairTaxFraud want you to look at the FairTax as if it’s an evil class warfare tool, when in fact it is they who are the tools for making it into something it isn’t.

Now that all the best property – huge farms, ocean-side beach homes, private wooded acres etc. is owned by the rich, according to the FairTax it should now be tax-free forever and can be transferred to all succeeding generations of spoiled rich kids completely tax free.” ~FairTaxFraud

FAIRTAXER: Again, they reach for the class warfare card, like the “rich” are the only people with children. Let’s focus on ourselves before we start worrying about what other people are doing. You and I both know that you don’t have to be “rich” to own land. In most cases, when you buy the house you’re living in, you also get the land beneath it; and in other cases, you can buy the land and build on it later. Regardless, under the FairTax that land will also be tax free when you pass it on to your children and when they pass it on to their children. The best thing is, they don’t even have to be “spoiled”.

The visibility myth is complete nonsense.” ~FairTaxFraud

FAIRTAXER: Visibility Myth? The authors at FairTaxFraud completely missed the point on this one. The “visibility” claimed by FairTax is all about the placement of taxes and the tax burden. What the FairTax does is takes the multitude of Income Taxes – and their immeasurable hidden taxes – and places them all in ONE single-rate tax on consumption. The claim of FairTax being visible (or transparent) means EVERYONE sees it when they purchase new goods and services – EVERY-ONE. And yes, everyone includes POLITICIANS. So if you think politicians will just raise taxes on a whim, you need to understand that even they will be affected. It is much more likely for our law-makers to raise taxes on a small group of people than it is to raise taxes on EVERYONE (including themselves).

“Things like food, rent, clothes are the visible items the FairTax wants to track. Unfortunately tracking who ate what and how much heat you used is almost impossible on a large scale.” ~FairTaxFraud

FAIRTAXER: What is this tracking nonsense about? Looks like another red-herring they’re throwing in the pot in an effort to derail the FairTax. As far as I know, the FairTax is about reducing government, not increasing it. Nobody (in the FairTax organization) cares what you eat, or how much you pay rent, nor do they care what clothes you buy. What is important is that you CAN afford those necessities, untaxed, up to the National Poverty Level as set by the Dept. of Health & Human Services (HHS) annually. And they (FairTax.org) have gone to great lengths to ensure that every Red-Blooded American can provide for themselves and for their families.

The things that are tracked by banks like property, stocks, and bonds are the things that should be visible because they are so easy to track. The FairTax makes these property transactions tax free and thus invisible to the government.” ~FairTaxFraud

FAIRTAXER: Did that confuse you as much as it confused us? Could the banks not continue to track these items (through mortgages, loans, bond sales, etc)? Do the banks no longer have to report transactions over $10,000 to the government? Why is a tax-free transaction invisible to the government or banks when those very transactions still involve deeds? Does FairTaxFraud want the government to continue to be involved in their personal business?

Their statement almost seems like they’re trying to throw another red-herring in the pot. I have to wonder if FairTaxFraud is just double-talking to confuse the reader. Do they want these things to be visible to the banks? Or to the government? Or both. My guess is, if it’s visible to one, it’s visible to the other. But I think they are still just playing upon the uninformed reader’s emotions and/or sense of right and wrong.

The alternative No-Tax Plan is just the opposite – it doesn’t track and tax your Big Mac, or your new clothes, but it does tax and track estates, yachts, and investment property. The alternative No-Tax Plan would make new and used goods completely tax free.” ~FairTaxFraud

FAIRTAXER: Wait! Let’s back up. They bitch, moan, gripe, and complain about the FairTax not taxing “things like used land, used acreage, used mansions, used yachts, used rolls royce’s (long lived property)”, but they want their own no-tax plan to not tax those same items. Sounds to me like their entire agenda is all about promoting their own plan. Ok, hit the play button again: The last part of their paragraph says “it doesn’t track and tax your Big Mac, or your new clothes, but it does tax and track estates, yachts, and investment property”. What it doesn’t say is that it (the income tax) doesn’t track those $400 dinners with mistresses nor the $3,000 Hickey Freeman suits, but it does track the retirement home, the fishing boat, and the Mustang you want to leave your heirs when you die. What’s fair about that?

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Posted in Corporate Taxes, Fact, FairTaxFraud, FRAUD, Myth, Prebate
2 comments on “No tax on used goods. The amount you pay to fund the government is totally visible.
  1. Bob says:

    Making used goods tax free is one of the progressive components of the FairTax. Many low-income and middle class households already buy used vehicles as opposed to new vehicles because new vehicles are out of their price range. They go to Craigslist to replace appliances.

    Regarding housing, many low income and middle class households today cannot afford to build a home, so they buy an existing home to start out with. Newly built homes are for the upper middle class and the rich. Sure, the rich can buy an existing mansion in an exclusive community and not have to pay taxes on the purchase. At the same time, it is not uncommon for the rich to buy expensive houses just for the lot, tear down the houses, and build new homes on the same lots. When they build the new home, they will have to pay taxes under the FairTax.

    • Thanks for the comment, Bob. (Look for an email from me later)

      Lets not forget to mention the furnishing that go into those mansions, Bob. Even if they get the used mansion without paying the FairTax, they will generally spend hundreds of thousands of dollars on new furnishings and other necessities, as well as services like yard maintenance, Heating & A/C work, plumbing, etc. It seems many people tend to forget about the little things that us “normal Joe’s” take care of ourselves.

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