FairTax FACT: The FairTax strategy is revenue neutrality: Neither raise nor lower taxes so consumer costs remain stable.
FairTaxFraud: The fair tax does not cut the overall revenue but it shifts taxes so the working poor and middle class pay the majority share. It makes money that wasn’t worked for or earned tax-free while it taxes hard earned income. None of the studies that this FairTax plan are based on have been published or offered for scrutiny of critics. Many experts dispute the validity of the tax rate claimed. It’s simple logic – when you take away $700 billion dollars from the treasury, you have to make it up somewhere. Also, the level of revenue this plan generates is still smaller than required as it was based on current funding without including current debt spending. The alternative No-Tax Plan would cut tax rates to zero for working poor, middle class, and rich who work for and earn their money in America. It’s extremely fair. It would heavily tax money that wasn’t worked for or earned like estates, gifts, lottery winnings, gambling winnings, and capital gains. Unlike the FairTax, the No-Tax plan would provide more than enough money to fund all government needs and pay off the national debt.
“The fair tax does not cut the overall revenue but it shifts taxes so the working poor and middle class pay the majority share” ~FairTaxFraud
FAIRTAXER: That is an outright lie fabricated by opponents of the FairTax. The FairTax helps EVERY legal US Citizen and all legally documented workers in the United States. The only “working poor” that the FairTax does discriminate against are those who are here Illegally; in which case it ensures that they pay the full 23% FairTax rate upon purchase of any new goods or services.
“[FairTax] makes money that wasn’t worked for or earned tax-free while it taxes hard earned income”~FairTaxFraud
FAIRTAXER: WHAT?? Come on! If you know ANYTHING about the FairTax, you know that it ELIMINATES all income taxes. What the FairTax actually does is “makes the money that wasn’t worked for or earned tax-free (i.e. no income taxes were paid previously on it) and taxes it upon consumption. But if you decide to SAVE or INVEST that hard-earned income, you are (tax) free to do so.
“None of the studies that this FairTax plan are based on have been published or offered for scrutiny of critics.”~FairTaxFraud
FAIRTAXER: On the contrary, EVERY study ever produced by FairTax.org, the Beacon Hill Institute, and/or economists associated with FairTax.org can be found at FairTax.org/research
“Many experts dispute the validity of the tax rate claimed”~FairTaxFraud
FAIRTAXER: And probably for good reason; like: They didn’t get to have their name published on the greatest tax plan in history. Or, because they are Marxist in nature and only support “a heavy progressive or graduated income tax” (the 2nd Plank of the Communist Manifesto). Believe it or not, there are people in the US who are paid to turn us into a Socialist country; The Clinton’s, Mr. President himself, Saul Alinsky, and George Soros to name just a few.
“when you take away $700 billion dollars from the treasury, you have to make it up somewhere.”~FairTaxFraud
FAIRTAXER: Well, they may have finally gotten something right; but I don’t think they know where the FairTax plans on making it up from. The FairTax will not only tax Illegal Immigrants, Tourists, and the Underground Economy when they all buy legal items, it will not provide those illegal immigrants and tourists with the prebate that all legal US citizens will receive. By taxing consumption, the FairTax will include an additional ~70,000,000 people who currently live here but don’t pay federal taxes.
“The alternative No-Tax Plan would…”~FairTaxFraud
FAIRTAXER: STOP!! What?? There it is!! There is the entire reason this group is against the FairTax. They have their own agenda and have to try to discredit their competitors before they can feel like they’re making any progress.
“[No-Tax Plan] would heavily tax money that wasn’t worked for or earned like estates, gifts, lottery winnings, gambling winnings, and capital gains.”~FairTaxFraud
FAIRTAXER: Funny though how the “No-Tax Plan” actually has exactly what it says it doesn’t – A TAX. And not just any tax, an INCOME tax. So now we have to keep the IRS, AND we have to continue to comply with the existing tax code. I’ll bet these guys seriously think that nobody sees what they’re up to.
“Unlike the FairTax, the No-Tax plan would provide more than enough money to fund all government needs and pay off the national debt.”~FairTaxFraud
FAIRTAXER: And they know this, how?? Truth is, that they don’t know. So, how about making the following statement: Unlike the FairTax, the No-Tax Plan was written in a week by some old guy who thinks he knows what is best for America but has absolutely know credibility or monetary backing whatsoever. (Just trying to inject a little humor; I don’t know for sure who wrote their No-tax plan.)