napalmmk9 (![[info]](http://p-stat.livejournal.com/img/userinfo.gif){kind=small} napalmmk9) wrote,@ 2008-01-06 08:45:00 |
|
Politics
I'd previously written off Huckabee entirely, on the simple issue that if you don't believe in evolution, you're a ignorant throwback to the monkey trial years, and your opinions ought to be simply dismissed.
However, given his showing in Iowa, I thought maybe he's worth another look. And I'm looking right at something called FairTax. No space. Capital-eff-ay-eye-arr-capital-tee-ay-ec
Is it just me, or does anyone else immediately distrust words like this? It seems like stupid, blatant, first-year marketing bullshit. FuckYou.
Turns out: yes! What a horrible fucking idea! Replace all income and payroll taxes with a sales tax on everything we buy, goods, services, what have you, of between 20-40%(FairTax says 23%, but it also says that a 23% tax raises a price from $100 to $130)?
Yes, it's a regressive tax (who's paying more in taxes as a percentage of their income: the rich, or the poor?). But FairTax addresses that. They'll say, ooops, the poor people got overtaxed. Here's a check for what people at the poverty line are paying in taxes. Every month.
Which is patently ridiculous. Beyond the amount of beauracracy that would be involved in this, it simply shifts the burden straight onto the backs of the middle class. Again -- if the poor are paying almost nothing in this tax, who pays the most tax as a percentage of their income?
Beyond that: corporations would be free from paying taxes. The idea being that they'd pass those savings on to the consumer in the form of lower prices. Which probably wouldn't be 20-40% less...
This is absurd, and kind of evil. Watch Huckabee. Silly name, evil plot.
I'd previously written off Huckabee entirely, on the simple issue that if you don't believe in evolution, you're a ignorant throwback to the monkey trial years, and your opinions ought to be simply dismissed.
However, given his showing in Iowa, I thought maybe he's worth another look. And I'm looking right at something called FairTax. No space. Capital-eff-ay-eye-arr-capital-tee-ay-ec
Is it just me, or does anyone else immediately distrust words like this? It seems like stupid, blatant, first-year marketing bullshit. FuckYou.
Turns out: yes! What a horrible fucking idea! Replace all income and payroll taxes with a sales tax on everything we buy, goods, services, what have you, of between 20-40%(FairTax says 23%, but it also says that a 23% tax raises a price from $100 to $130)?
Yes, it's a regressive tax (who's paying more in taxes as a percentage of their income: the rich, or the poor?). But FairTax addresses that. They'll say, ooops, the poor people got overtaxed. Here's a check for what people at the poverty line are paying in taxes. Every month.
Which is patently ridiculous. Beyond the amount of beauracracy that would be involved in this, it simply shifts the burden straight onto the backs of the middle class. Again -- if the poor are paying almost nothing in this tax, who pays the most tax as a percentage of their income?
Beyond that: corporations would be free from paying taxes. The idea being that they'd pass those savings on to the consumer in the form of lower prices. Which probably wouldn't be 20-40% less...
This is absurd, and kind of evil. Watch Huckabee. Silly name, evil plot.
