#fairtax

[beauleifu]

Here are some memes for you cause you slay :3

WAIT I FORGOT TO ANSWER THIS

PLEASE

I will also use this as motivation to finish the chapter cauSE GODDAMN HES SO PERFECT

[imkeepinit]

Assuming a reasonable amount of tax evasion (20 percent) the FairTax would increase the deficit by about $10.6 trillion over 10 years. In order to avoid increasing the deficit 10 years later, the FairTax would have to be set at 64.4 percent.

And in fact, that’s probably too low. Assuming that, as the FairTax proponents suggest, the tax would apply to purchases by the government, that would effectively force state and local governments to cough up hundreds of billions of extra dollars to the federal government every year. If government purchases were exempted, as is normal for sales taxes, the revenue-neutral rate would be 81.6 percent.

The point is that at a 30 percent rate, it’s reasonable to expect the FairTax to increase the federal budget deficit by trillions of dollars a year.

FairTax, the GOP plan for a 30 percent national sales tax, explained

[syriaccpataxaccounting]

Taxation Without Representation is Alive and Well

[fort1791]

A repaired tax system

The tax system in US is wildly inefficient and by all rights, broken. The political left and right of the population all have their own ideas of how it should be used and what, to their way of thinking, is wrong with it. Long has it been my belief that the truth should be paramount in any discussion, facts the core of every investigation or deliberation, because without a clear, brutally honest…

[fashionfotorecccluse]

Hoarding money, wealth, and dodging tax!

[citizenshipsolutions]

Talking About The #FairTax: Podcasts with Jim Bennett and Steve Hayes of @FairTaxOfficial

The problems that Americans abroad have with the U.S. tax system is that it is primarily an “income tax” system that taxes U.S. citizens on their worldwide income regardless of where they live in the world. The “FAIR Tax” is a consumption based tax. The consumption based tax would be applied only to sales in the United States. In simple terms: U.S. citizens abroad would no longer be taxed by the…

[theexceptionalconservative-blog]

Carmen On Rumble: https://rumble.com/v2hk7s6-tecn.tv-boom-the-income-tax-folly-and-out-of-control-spending-congress.html

Monday, April 10, 2023 At 8 PM ET On TECN.TV

BOOM! The Income Tax Folly and Out of Control Spending Congress

Steven L. Hayes / Chairman & President / FairTax® Official / Twitter: @FairTaxOfficial

TECN.TV Monday Nights at 8 PM ET…

The BIG Picture with Carmen Maria Montiel

Twitter: @Carmen4Congress

[newswireml]

GOP national sales tax talk backfires, as Dems see political gold#GOP #national #sales #tax #talk #backfires #Dems #political #gold

Various forms of the legislation, dubbed the “FairTax Act,” have been around for decades and attracted little serious attention from Republican leaders. But a spokesperson for Rep. Andrew Clyde of Georgia, one of the 21 GOP holdouts who initially blocked McCarthy’s speakership bid and is a co-sponsor of the legislation, said McCarthy promised that the legislation would go through the committee…

[premeditatedspontaneity]

I am not sure about all of that but it's not high in my region just yet. Still about half as much as what appears to be today's high.

The prices have soared on soda/etc in cans assumably due to aluminum shortage but I have an inkling that it's Goldman Sachs-level of price fixing like they've been known to do...

Ever since COVID, it's been more than just inflation that's causing all of these price hikes and now Republicans want to implement a consumption tax... I'm not against such a thing on paper but I am stating that a good chunk of people will see their tax burden increase [even w/ the $3k/yr prebate]. Prices have seem to increase higher than inflation has; at first people were saying supply issues and "natural" inflation but I also see plain-ol gouging. It's a story in a lot of industries and even the snack aisle is just smaller bags, more air... higher prices. It's becoming more and more apparent that corporations have decided to not be so casual about their prices and are now playing a game of chicken. Testing the waters of the old saying "Cost is what people will pay" and testing the adage of demand. Trying to see how much we're willing to fork over for our precious foods. It's not like they're improving the products, decreasing the amount of plastics and the sort in packaging. There's no added value. I've reduced my consumption by at least 15% overall in the last 200 days. I will say, to callback on my FairTax consumption comment, these price increases will stick and people will just consume more and it will harm the amount of overall revenue the Fed gov't gets and maybe this is a concerted effort that has been in the works for years to do just that. 🤔

[rickgentle]

What is our Newly elected doing! They are not addressing current conditions in our Country!

[wisdomfish]

Our Usual Sins and God's Unusual Methods

Once in the Promised Land, the Israelites have a constant tendency to depart from God. God repeatedly rescues them, but the people he uses are often not who you would expect. We see from the story of Ehud (Judges 3) the fairness of God’s judgement and his kindness to his people. No matter who we are, God can use us.

FOCL

[aarkangel]

What @cadburyuk pay in Corporation #Tax since the US bad-faith takeover :: not the #Quaker way #fairtax #fairness #morality in business (at Hunger Bites) https://www.instagram.com/p/BpkOeh3hl-O/?utm_source=ig_tumblr_share&igshid=1h4matkzokq4j