fair tax advocates do not answer the important questions
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Voting Style: | Open | Point System: | 7 Point | ||
Started: | 2/25/2008 | Category: | Politics | ||
Updated: | 14 years ago | Status: | Voting Period | ||
Viewed: | 1,371 times | Debate No: | 2905 |
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http://www.fairtax.org...
the fair tax is good because it's progressive. it's alledgely good because it doesn't go above 23% for anyone, and again for most it's progressively better. it's good for the poorest because they won't pay anything after rebate, and those who do earn little will pay very little because of the rebate. it's good for potential businesses who won't have to pay taxes, and only have to worry about the increased costs of material. it's good because productivity alone isn't taxed. the problem is funding the tax. admittedly... there's much savings from compliance costs taht would go into the system given that 20 cents to the dollar under the new system is used only for compliance with out convoluted system... also, instead of allowing the rich to pay a capital gains tax and less than everyone else as a percentage, they'd theoretically have to pay more (warren buffet, the third richest man in the world, does not like that he pays only 17% through capital gains etc, yet his secretary who makes 60k pays like 25-30percent) the idea would be the rich have more and buy more stuff so they'd pay more. my problem is that is that surely, i contest, the rich do not spend enough now to pay for this new system at the same spending level, givne how the old system was funded. the old system made them pay 15-30 percent fed tax. to get to those levels now, they'd have to spend almost all their money. if the increases from compliance costs and from noncapital gains were suficient, it's not really "fair" because the rich should spend more. but, as it looks, it doesn't look even practially able to pay for the old system without taxing more.
Youre a little misguided. The system of fairtax takes returns, not "at the register" so to speak, but from accounts which are regulated based on how much you make. I do argue that the fairtax should do this to a greater extent, but the question you pose is answered by fairtax advocates. |
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dairygirl4u2c forfeited this round.
moooooooove it dairy girl! ha, im so funny, arent i? just trying to hit 100 charactersssssssssssssssss |
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dairygirl4u2c forfeited this round.
what a great debate. Apparently now, not only do i have to hit 100 characters, but i have to be grammatically correct. Iz dis sum gud grammah? |
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Vote Placed by Tatarize 13 years ago
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Vote Placed by Mangani 13 years ago
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Vote Placed by DucoNihilum 14 years ago
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Vote Placed by blond_guy 14 years ago
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Vote Placed by ComradeJon1 14 years ago
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