this motherfucker knows how to solve the debt crisis

I give him the benefit of doubt due to I know he is intelligent but he just trolls 90% of the time and he recently mentioned if someone actually inquired into his thoughts he would explain them... or that could of been someone else
 
we've tried simplifying the tax code. we've tried flattening it before. here's where it's got us:





so why would we try to fix what has proven to be a broken system?
 
if there are no deductions except for maybe child tax credit, student loan interest deductions, and medical expenses deductions, what would that do to the nuraber of pages of tax shit?...


All of that tax code shit is related to the corporatist bullshit that has been peddled in DC for way too long...
 
Only because it seems they are trying to trick people. They say that out of every dollar it would be 23 cents going towarRAB the tax and 77 cents for the product you are buying.

Of course most people calculate tax in a completely different way. 23cents on a 77 cent item would be 29.8% sales tax.


The FailTax people don't dispute the 30% nuraber: http://www.fairtax.org/site/PageServer?pagename=about_faq_answers#47
 
saabguy resorts to attacking strawmen arguments when people aren't convinced by his claims of awesomeness for the FailTax, and when he's a bit butthurt over people pointing out its flaws based on elementary economics



Also, he seems to think later Congresses could never add deductions to the FailTax.
 
and what will prevent lobbyists from being able to start sneaking in more deductions? medical expenses? well what about home-care? what if i go to the pharmacy to get my own medical supplies, should that be a deduction? what about other health-care related things? should there be deductions for things that keep you healthy and reduce the amount of medical expenses (i.e., gym meraberships, shopping at health-food stores, etc.). if you leave a crack in the door, lobbyists will find a way to blow that thing wide open
 
Interesting and noted.


would you mind expaining why the 29.8% sales tax is doomed to fail with all other forms of tax being removed?

Also knowing you will most likely bring up how the tax would be regressive, what is your opinion on if we were to send out pre-bates to cover the living costs of the poor much like how we use our social services now.
 
Whatever fix is implemented, it neeRAB to ensure that everyone has skin the the game. People not paying any federal income tax is bullshit.
 
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