How 'bout that..
Originally Posted by misskatiemo,Nov 9 2006, 03:40 PM
The Fair Tax seems to resemble the VAT in England in some regards, looking into it
Heard vaugely about it a few years ago but not much lately, thanks for the heads up.
Heard vaugely about it a few years ago but not much lately, thanks for the heads up.
Who out here thinks we need to consolidate the monetary all the monotary systems in the world, like the Euro? I don't! The reason I ask is I have a guy who sit in the cub behind mine and that's all he preaches is how the economy is so much stronger in Europe due to the fact they have the same dollar!
Originally Posted by s2kmaniac81,Nov 9 2006, 11:41 AM
How many of you guys listen to Neal Boortz on talk FM?
"Personal services such as health care, legal services, haircuts and auto repairs would be subject to the FairTax, as would renting apartments and other real property.[2] State sales taxes do not generally tax such services. Education, training, saving and financial investing would be considered an investment (rather than final consumption) and therefore would not be taxed."
I like the sounds of this.
"The poverty level guidelines vary by family size and represent the cost to purchase household necessities. The rebate would be paid in twelve monthly installments equal to 23% of poverty level spending for each household size and is meant to eliminate the taxation of necessities and make the plan progressive."
I also like this, as it directly impacts lower-income peoples and provides real benefit to them, while still being fair (what I was talking about above more or less, even though I may not have gotten it across so well).
It's too long to quote but It seems that a huge sticking point in this is government spending and the effect on taxation, that is def. something that needs to be sorted out.
... looking further
I like the sounds of this.
"The poverty level guidelines vary by family size and represent the cost to purchase household necessities. The rebate would be paid in twelve monthly installments equal to 23% of poverty level spending for each household size and is meant to eliminate the taxation of necessities and make the plan progressive."
I also like this, as it directly impacts lower-income peoples and provides real benefit to them, while still being fair (what I was talking about above more or less, even though I may not have gotten it across so well).
It's too long to quote but It seems that a huge sticking point in this is government spending and the effect on taxation, that is def. something that needs to be sorted out.
... looking further
Originally Posted by s2kmaniac81,Nov 9 2006, 03:45 PM
What is the hang up with England? We broke away from them for a reason, we didn't like the way they conducted business and government.
Other European countries have the VAT as well I beleive if it makes you feel any better.
Originally Posted by s2kmaniac81,Nov 9 2006, 02:48 PM
Who out here thinks we need to consolidate the monetary all the monotary systems in the world, like the Euro? I don't! The reason I ask is I have a guy who sit in the cub behind mine and that's all he preaches is how the economy is so much stronger in Europe due to the fact they have the same dollar!






