Fair Tax

[DolfanBob]

Since everyone is talking about 49% of Americans not paying tax. I want to ask Tulsa's greatest tax minds. What are the holes in Neil Boortz and John Linder's "Fair Tax" proposal that makes it unreasonable to pass?

[Townsend]

Since everyone is talking about 49% of Americans not paying tax. I want to ask Tulsa's greatest tax minds. What are the holes in Neil Boortz and John Linder's "Fair Tax" proposal that makes it unreasonable to pass?

The IRS, the nation's accountants, corporations and the wealthy who rely on tax loopholes and the like will never go for it.

[RecycleMichael]

A 30% federal sales tax on top of state, county and city taxes would be crushing.

A $20,000 car would now cost $26,000. A person saving under the old tax plan would be smacked.

The fair tax people say it will all work out in the long run, but in the short run it will destroy consumer spending. People would just stop buying things whenever they could.

It would also help spur a larger underground economy. The differnce would be hard for many people to not cheat.

[erfalf]

I'm not necessarily supporting the fair tax, but the argument against pretty much every proposal is that it will hurt now. It just sounds like such a political explanation for why we should keep what we have now (which everyone believes is broken). So what do we want, politicians that make political decisions, or politicians that make the best decisions?

[Gaspar]

A 30% federal sales tax on top of state, county and city taxes would be crushing.

A $20,000 car would now cost $26,000. A person saving under the old tax plan would be smacked.

The fair tax people say it will all work out in the long run, but in the short run it will destroy consumer spending. People would just stop buying things whenever they could.

It would also help spur a larger underground economy. The differnce would be hard for many people to not cheat.

The person buying the $20,000 car that now costs $26,000 would be taking home significantly more money every week.  The typical middle income family with a total yearly of $80,000 would take home an additional $12,000 - $14,400 a year.  They would also be refunded whatever tax they pay on consumables including food and fuel.

The purchase of their new $20,000 car would cost them significantly less, and their total cost of living would be reduced.

[Townsend]

The person buying the $20,000 car that now costs $26,000 would be taking home significantly more money every week.  The typical middle income family with a total yearly of $80,000 would take home an additional $12,000 - $14,400 a year.  They would also be refunded whatever tax they pay on consumables including food and fuel.

The purchase of their new $20,000 car would cost them significantly less, and their total cost of living would be reduced.

Considering the source, how should we reverse all of this post?