tag:blogger.com,1999:blog-25646979.post1031094371607486688..comments2024-01-01T15:35:12.954-07:00Comments on Simple Utah Mormon Politics: I Support a Consumption Tax to Replace the IRSFrank Stahelihttp://www.blogger.com/profile/01822334061980912687noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-25646979.post-68556965605951621102007-09-30T10:22:00.000-06:002007-09-30T10:22:00.000-06:00Some concerns :Fairtax proponents do not adequatel...Some concerns :<BR/><BR/>Fairtax proponents do not adequately challenge the income tax, Current Fairtax legislation that I have seen allows for a continued income tax and the IRS. Wishful thinking that the greatness of the Fairtax will just make the income tax disappear. More likely, we would end up with both and be no better off than Europe and Canada with both heavy progressive income taxes + a huge VAT.<BR/><BR/>The rebate scheme "pre-bate" is a dream-come-true for socialists, central-planners and communists alike. In no time at all, we would all be fixated on the latest and greatest political saviors to raise our prebates, adjust our poverty adjustments, wipe our noses and tuck us in at night.<BR/><BR/>Since when did Ron Paul become "angry or demanding", Ian? You didn't score any points with me to your beloved Huckabee by that comment, especially as Congressman Paul is a mild-mannered statesman who I sometimes wish would get just a bit angry and demanding.Keltonhttps://www.blogger.com/profile/09731203167969824410noreply@blogger.comtag:blogger.com,1999:blog-25646979.post-358763723826102022007-09-26T06:59:00.000-06:002007-09-26T06:59:00.000-06:00I like all of it, except the idea of sending out r...I like all of it, except the idea of sending out rebate checks. My thoughts are the everyone should pay their fair share.<BR/><BR/>Something I might be in favor of in lieu of the rebate checks would the elimination of taxes on very basic foods. Bread, milk etc.<BR/><BR/>The realistic side of me doesn't see this happening, but I'd like to think that at some point the America people with realize that they have been had, and will work together to get something like this in place.Urban Kodahttps://www.blogger.com/profile/01327437055164051853noreply@blogger.comtag:blogger.com,1999:blog-25646979.post-73868948882042317972007-09-25T12:52:00.000-06:002007-09-25T12:52:00.000-06:00I'm more of a flat tax person. I'd rather fill ou...I'm more of a flat tax person. I'd rather fill out a tax return postcard than deal with a tax on everything I buy. And I don't think the 16th amendment repeal will happen.<BR/><BR/>With the sales tax, sending out rebate checks seems too complicated, and ripe for fraud. And what economic effect would there be from the increased prices for goods? It's true that people would be saving money by not paying income tax, but they might not think of that when they're suffering from sticker shock.Craighttps://www.blogger.com/profile/03558069223334537518noreply@blogger.comtag:blogger.com,1999:blog-25646979.post-16630830068954702902007-09-24T17:28:00.000-06:002007-09-24T17:28:00.000-06:00When addressing the question "How long (if ever) w...When addressing the question "How long (if ever) would it take for corporations to reduce the cost of the goods they sell to us by 22% to match the taxes they no longer have to pay?" David is partially right. The other factor to put into that equation is that they will have to pay taxes on product they have to buy and then still pass it on to the consumer.Unknownhttps://www.blogger.com/profile/16532237715455614152noreply@blogger.comtag:blogger.com,1999:blog-25646979.post-50750667712159738202007-09-24T16:40:00.000-06:002007-09-24T16:40:00.000-06:00Answering your concerns:Will we need the IRS to se...Answering your concerns:<BR/><BR/>Will we need the IRS to send all the rebate checks out? Anyone working for the IRS will hope so.<BR/><BR/>How complicated would it be for companies to upgrade their computers and cash registers to account for this new tax? I don't think it would be hard - any retail operation already has to track sales tax and they have to change the rates frequently so making that change for them would be simple. For businesses that don't deal with sales tax now - they can learn from their retail peers.<BR/><BR/>How long (if ever) would it take for corporations to reduce the cost of the goods they sell to us by 22% to match the taxes they no longer have to pay? Companies won't lower their prices to pass the savings on to us - they will only lower their prices if they see it as a competitive advantage. I believe it will happen, but there's no telling how fast.Anonymoushttps://www.blogger.com/profile/06354910302047518783noreply@blogger.com