ncome levels will have to be
taxes as well.
> -Original Message-
> From: Cameron Childress [mailto:[EMAIL PROTECTED]
> Sent: Wednesday, January 11, 2006 11:35 AM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
> Ah - Well there
> Sent: Wednesday, January 11, 2006 10:47 AM
> > To: CF-Community
> > Subject: Re: FairTax (was Re: Next in line to be labelled)
> >
> > On 1/11/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> > > I'm not against capital gains, I'm just against
>Sounds like you'd be a fan of Fairtax (www.fairtax.org). I saw it
>mentioned by Russell Madere in a thread last year but haven't seen it
>mentioned since. The Fairtax book is a very interesting read.
I've been a little tied up for the past 4 months on another problem :)
I do support the idea,
2006 11:20 AM
> To: CF-Community
> Subject: RE: FairTax (was Re: Next in line to be labelled)
>
> So essentially we should penalize investment in our economy?
>
> That's what WOULD get people to keep their money in a box under their bed.
>
> > -Original Mess
ity
> Subject: RE: FairTax (was Re: Next in line to be labelled)
>
> Actually that was a typo. I'm against it not being taxed.
>
> I don't think it should be taxed at the same levels as normal income.
> However I think it should be taxed in some way.
>
> > -Ori
January 11, 2006 10:47 AM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
> On 1/11/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> > I'm not against capital gains, I'm just against it being taxed. I don't
> like
> > the
On 1/11/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> I'm not against capital gains, I'm just against it being taxed. I don't like
> the idea of people hording money. If they spend it, great, but if they just
> sit on it, then it doesn't help anybody.
The only way someone can "horde" money without
To: CF-Community
> Subject: RE: FairTax (was Re: Next in line to be labelled)
>
> Not the type of investment I'm talking about. I'm talking
> about the kind that sit in money market accounts or CDs.
> These don't help the economy, unless they get taxed.
>
>
On 1/11/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> Not the type of investment I'm talking about. I'm talking about the kind
> that sit in money market accounts or CDs. These don't help the economy,
> unless they get taxed.
Where'd you get that idea? Money market and CDs are also forms of
inves
From: Tim Heald [mailto:[EMAIL PROTECTED]
> Sent: Wednesday, January 11, 2006 10:21 AM
> To: CF-Community
> Subject: RE: FairTax (was Re: Next in line to be labelled)
>
> I couldn't agree more. Investments are what power innovation in our
> economy.
>
~
I couldn't agree more. Investments are what power innovation in our
economy.
> -Original Message-
> From: Cameron Childress [mailto:[EMAIL PROTECTED]
> Sent: Wednesday, January 11, 2006 12:38 AM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be
M
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
> I think they would. People make more money and spend it. That how
> Americans work. But if they don't, what's the worst that can happen?
> They invest it in stuff? Save it? That should be
It is, you pay only on the first 90k. Of course you can only draw benefits
based on the first 90k.
> -Original Message-
> From: Cameron Childress [mailto:[EMAIL PROTECTED]
> Sent: Wednesday, January 11, 2006 12:40 AM
> To: CF-Community
> Subject: Re: FairTax (was Re: Nex
OTECTED]
> Sent: Wednesday, January 11, 2006 12:38 AM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
> There seems to be an attitude among some that capital gains are a bad
> thing. Really, capital gains are what power much of our economy.
>
t I'm not sure they would put more in than they currently do.
>
> > -Original Message-
> > From: Loathe [mailto:[EMAIL PROTECTED]
> > Sent: Tuesday, January 10, 2006 9:56 PM
> > To: CF-Community
> > Subject: RE: FairTax (was Re: Next in line to be labelle
Dana was actually talking about Social Security tax, which IIRC, is
capped at a certain level. So, depe4nding on how much you make, he
might actually pay the same amount as you.
Wierd huh?
-Cameron
On 1/10/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> That is fuzzy math.
>
> The bottom line is
On 1/10/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> Well, my point was money made off of capital gains that doesn't get
> sheltered.
There seems to be an attitude among some that capital gains are a bad
thing. Really, capital gains are what power much of our economy.
Investing is good for our c
In Kentucky basic needs don't get taxed. Almost all groceries are
exempt.
> -Original Message-
> From: Cameron Childress [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, January 10, 2006 10:07 PM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelle
I agree, but I'm not sure they would put more in than they currently do.
> -Original Message-
> From: Loathe [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, January 10, 2006 9:56 PM
> To: CF-Community
> Subject: RE: FairTax (was Re: Next in line to be labelled)
>
&g
Well, my point was money made off of capital gains that doesn't get
sheltered.
> -Original Message-
> From: Cameron Childress [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, January 10, 2006 6:53 PM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be label
even make
more and spend more than me.
> -Original Message-
> From: Dana [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, January 10, 2006 6:01 PM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
> proportionately less. Take a look at how social
On 1/10/06, Dana <[EMAIL PROTECTED]> wrote:
> yes that is what I like about it depending on how the lower end is handled.
That's where participation and support can help shape the plan into
something that ir really fair and makes sure it doesn't become a
bastard system from hell.
-Cameron
~~
x27;t buy.
>
> The rich would put a shit ton of money into the system.
>
> Tim
>
> > -Original Message-
> > From: Cameron Childress [mailto:[EMAIL PROTECTED]
> > Sent: Tuesday, January 10, 2006 6:53 PM
> > To: CF-Community
> > Subject: Re: Fair
AIL PROTECTED]
> Sent: Tuesday, January 10, 2006 6:53 PM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
>
> On 1/10/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> > A sales tax actually helps the rich a lot more. The rest of us that
>
I do like the idea of a national sales tax.
Tim
> -Original Message-
> From: Dana [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, January 10, 2006 5:07 PM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
>
> first I have heard of it.
took a fast look at those sample returns and offhand they look good.
That's a fast superficial look though -- supposed to be doing
something else ;)
On 1/10/06, Cameron Childress <[EMAIL PROTECTED]> wrote:
> On 1/10/06, Dana <[EMAIL PROTECTED]> wrote:
> > well... I could see a sales tax if certain
On 1/10/06, Dana <[EMAIL PROTECTED]> wrote:
> well... I could see a sales tax if certain things deemed necessities
> were excluded. Correct me if I am wrong, but this is what most of
> Europe does is it not?
I'm not sure about Europe, but alot of state sales taxes have these
sorts of exemptions an
On 1/10/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> A sales tax actually helps the rich a lot more. The rest of us that
> spend most of our money will probably be in the same boat. Our check
> will be bigger but things will cost more.
I dunno, if it's a sales tax, the rich do like to buy alot of
well... I could see a sales tax if certain things deemed necessities
were excluded. Correct me if I am wrong, but this is what most of
Europe does is it not?
On 1/10/06, Gruss Gott <[EMAIL PROTECTED]> wrote:
> Dana wrote:
> > flat tax is ultimately regressive, like social security. The affluent
>
Dana wrote:
> flat tax is ultimately regressive, like social security. The affluent
> pay less. Does not seem fair.
Well, 10% is 10%. However some exceptions would have to be made for
the poor where 10% is alot. So that's what I'm saying: once you start
making exceptions you're really just talk
Gates' income.
Dana
On 1/10/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> With a flat tax how would the affluent pay less?
>
> > -Original Message-
> > From: Dana [mailto:[EMAIL PROTECTED]
> > Sent: Tuesday, January 10, 2006 5:38 PM
> > To: CF-Commu
]
> Sent: Tuesday, January 10, 2006 5:32 PM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
> > Dana wrote:
> > A sales tax
> > is generally considered regressive but I do like the idea of taxing
> > consumption not income or sa
With a flat tax how would the affluent pay less?
> -Original Message-
> From: Dana [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, January 10, 2006 5:38 PM
> To: CF-Community
> Subject: Re: FairTax (was Re: Next in line to be labelled)
>
> flat tax is ultimately re
Original Message-
> From: Scott Stewart [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, January 10, 2006 5:37 PM
> To: CF-Community
> Subject: RE: FairTax (was Re: Next in line to be labelled)
>
> Where would there be room for fraud if the tax is taken "at the
register"
flat tax is ultimately regressive, like social security. The affluent
pay less. Does not seem fair.
Dana
On 1/10/06, Gruss Gott <[EMAIL PROTECTED]> wrote:
> > Dana wrote:
> > A sales tax
> > is generally considered regressive but I do like the idea of taxing
> > consumption not income or savings
PM
To: CF-Community
Subject: Re: FairTax (was Re: Next in line to be labelled)
> Dana wrote:
> A sales tax
> is generally considered regressive but I do like the idea of taxing
> consumption not income or savings. Also an improvement over the flat
> tax. Seems worth a look.
>
I&#
> Dana wrote:
> A sales tax
> is generally considered regressive but I do like the idea of taxing
> consumption not income or savings. Also an improvement over the flat
> tax. Seems worth a look.
>
I'm for it too although I think there'd be too much room for fraud,
etc so I like the flat tax.
Bas
first I have heard of it. Not totally sure how it works. A sales tax
is generally considered regressive but I do like the idea of taxing
consumption not income or savings. Also an improvement over the flat
tax. Seems worth a look.
Dana
On 1/10/06, Cameron Childress <[EMAIL PROTECTED]> wrote:
> On
Yeah I am.
> -Original Message-
> From: Cameron Childress [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, January 10, 2006 3:51 PM
> To: CF-Community
> Subject: FairTax (was Re: Next in line to be labelled)
>
> On 1/10/06, Tim Heald <[EMAIL PROTECTED]> wrote:
On 1/10/06, Tim Heald <[EMAIL PROTECTED]> wrote:
> If the majority of the populace no longer had to pay taxes, I am sure you
> would see a huge increase in donations and charity.
Sounds like you'd be a fan of Fairtax (www.fairtax.org). I saw it
mentioned by Russell Madere in a thread last year bu
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