It seems it is the time of political posts again. I have no idea what i will do this presidential election. Oh yea, i do, vote for the not GOP candidate.
This is what i don't get, how you can say that Obama is waging class warfare while at the same time endorse and idea like Herman Cain's 9 9 9 plan. Here is the basis, 9 percent national sales tax, 9 percent flat income tax, 9 percent flat corporate tax.
Here is a link to the site to his plan. Which is basically the FAIR tax in disguise. The FAIR tax is class warfare. When you do not tax capital gains or dividends and only tax consumption you shift the burden of the taxation system from the wealthy to the poor.
I have no idea how the middle class works out in this plan, i would suspect near neutral. But if you only tax spending, those with little or not savings will pay a higher tax rate. That just seems unfair at the most basic level to me.
Also his plan says fair tax but it doesn't define sales. So is rent now taxable? Are services taxable?
This is possible the cruelest idea i have ever heard to stimulate the economy. This is class warfare at its worst.
The douche bags you here on the radio claiming obama is waging class warfare by proposing taxation levels below where Regan had them while at the same time claiming Regan as a role model are hoping that the listeners are stupid.
Also dude says you could get rid of the IRS. I know that every state that has sales tax has an enforcement division. You can't tax the poorest people the most and expect everyone will just pay, this sort of thing just encourages a cash based unreported economy.
Which brings me to my other point.
The other day i was making fun of the I am a Mormon campaign. I still think it is a horrible campaign, but then i see dickheads like this guy and understand why the church thinks they need a publicity campaign.
Lastly I bought a used guitar, turns out it needs repairs sometimes the Internet sucks, as i bought it and the guy said like new, i was expecting some cosmetic flaws. turns out the cosmetics are perfect, the functionality is crap, which is not new
2 comments:
YOu realize Fairtax is bullshit, but you don't really know why.
You won't believe what I am about to tell you because it's so fucking goofy, it sounds like a conspiracy theory, but it's Fairtax lying to make their math add up.
Fairtax is not a serious plan --becuase guess how they get their math to add up?
They don't just tax retail sales. That wouldn't bring in 1/4 enough You probably thought Fairtax was a retail sales tax -- thats only a rather small part of it.
They tax all consumption. I know, you think sales = consumption. HELL NO. For example, all cancer surgery is in their tax base. Tax base means things they tax.
ALL cancer surgery is taxed. Ever dime. No exceptions whatso ever. Doesn't matter if you are homeless and destitute, if you get cancer surgery, you are liable for the tax. No exceptions whatso ever.
How? Because Fairtax just counts "all consumption" as taxable, except education and foreign travel. So they don't spell out things they tax, they just tax everything EXCEPT education and foreign travel.
I mean everything -- all military spending, is taxed. I shit you not. All death benifits, pensions, wages, drone missles, tanks, EVERYTHING is taxed.
New York City -- guess how much it as to pay? 8 billion. Oh, get this. Guess how much they have to pay in advance? 3 billion.
Does Fairtax really think they are going to tax death benefits and military pensions and NY City in advance?
HELL NO. I am not telling you they want to tax all this stuff. I am telling you it's in their tax base, and their tax base is the deception.
http://fairtaxgoofy.blogspot.com/
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