It's a wealth redistribution plan.
The government writes a check to every adult citizen every month for over $200 each. More if they have children. More children = more money.
I'm not commenting on whether it's a good plan, or a bad plan. I'm just surprised.
I know several people, personally, who would like to see the FairTax proposal made into law, and all of them are very conservative and furthermore believe that Obama is a socialist (and they believe that is a bad thing.)
I'm just wondering if the vast majority of people who like the FairTax Proposal know that it redistributes the wealth and are cool with that. I'm not trying to start anything; I'm just genuinely curious about that.
In the interest of full-disclosure: I'm very liberal, almost socialist, on the social liberal/conservative axis. Pretty libertarian on the libertarian/statism axis. I would describe myself as somewhat fiscally conservative.
RPG Superstar 2009 Top 32, 2010 Top 8
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It's a wealth redistribution plan.
The government writes a check to every adult citizen every month for over $200 each. More if they have children. More children = more money.
I'm not commenting on whether it's a good plan, or a bad plan. I'm just surprised.
I know several people, personally, who would like to see the FairTax proposal made into law, and all of them are very conservative and furthermore believe that Obama is a socialist (and they believe that is a bad thing.)
I'm just wondering if the vast majority of people who like the FairTax Proposal know that it redistributes the wealth and are cool with that. I'm not trying to start anything; I'm just genuinely curious about that.
In the interest of full-disclosure: I'm very liberal, almost socialist, on the social liberal/conservative axis. Pretty libertarian on the libertarian/statism axis. I would describe myself as somewhat fiscally conservative.
Interesting. I often hear the terms fair tax/flat tax conflated. That said, do you have a link to your sources?
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It's a wealth redistribution plan.
The government writes a check to every adult citizen every month for over $200 each. More if they have children. More children = more money.
More children means more costs as well. The other thought is that -- is that much different than the tiering structure currently in effect based on the number of dependents you have?
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More children means more costs as well. The other thought is that -- is that much different than the tiering structure currently in effect based on the number of dependents you have?It's a wealth redistribution plan.
The government writes a check to every adult citizen every month for over $200 each. More if they have children. More children = more money.
Which encourages more dependents.
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Which encourages more dependents.More children means more costs as well. The other thought is that -- is that much different than the tiering structure currently in effect based on the number of dependents you have?It's a wealth redistribution plan.
The government writes a check to every adult citizen every month for over $200 each. More if they have children. More children = more money.
Only for people who don't really appreciate the additional costs involved. My eight-year-old already eats more than I do. Not looking forward to the teenage years.
Interesting. I often hear the terms fair tax/flat tax conflated. That said, do you have a link to your sources?
Sure. :)
Just scroll down to "Monthly Tax Rebate."
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Only for people who don't really appreciate the additional costs involved. My eight-year-old already eats more than I do. Not looking forward to the teenage years.Which encourages more dependents.More children means more costs as well. The other thought is that -- is that much different than the tiering structure currently in effect based on the number of dependents you have?It's a wealth redistribution plan.
The government writes a check to every adult citizen every month for over $200 each. More if they have children. More children = more money.
They are not fun. My 14 year old could eat a weeks worth on his own.
More children means more costs as well. The other thought is that -- is that much different than the tiering structure currently in effect based on the number of dependents you have?
I'm not arguing that families with children shouldn't get bigger checks, nor that they should. Not that you accused me of doing so. :)
I bring it up only because many fiscal conservatives dislike the notion of families or single parents "milking" the taxpayer with lots of children. And, near as I can tell, it's mostly fiscal conservatives who like the FairTax plan.
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RPG Superstar 2009 Top 32, 2010 Top 8
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Interesting. I often hear the terms fair tax/flat tax conflated. That said, do you have a link to your sources?Sure. :)
Just scroll down to "Monthly Tax Rebate."
Thank you. Ok, now I know what we're talking about.
I've never been a fan of rebates or tax credits (flat tax fan here). I understand the reasoning behind it, it's akin to the deductions you can take now pre-tax for dependents. Still not keen on it.
As to the concept of a fair tax, you'd want to have it conditional on repealing the income tax it is to replace. Can you think of any politician you'd trust to hold up that end of the deal?
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More children means more costs as well. The other thought is that -- is that much different than the tiering structure currently in effect based on the number of dependents you have?I'm not arguing that families with children shouldn't get bigger checks, nor that they should. Not that you accused me of doing so. :)
I bring it up only because many fiscal conservatives dislike the notion of families or single parents "milking" the taxpayer with lots of children. And, near as I can tell, it's mostly fiscal conservatives who like the FairTax plan.
I feel that I'm a "fiscal conservative" and I don't like it that there currently appears to be "milking" at both ends of the spectrum. :-)
I was going to comment and then I realized, yes, I was getting fair tax and flat tax confused.
The "prebate" check is equivalent to what a particular family would pay in sales tax. This means that the basic necessities of life are effectively free of tax.
As a wealth-redistribution plan, the Fair Tax is woefully inadequate, as the amount of the prebate is based on the number of people in a household and the federal poverty level for a family of that size.
Unlike, say, the recently expired "$8000 first time homebuyer tax credit" that gives money to people who are buying a home (never mind those of us who scraped by living in one-bedroom apartments until we had a 20% downpayment saved). Or the Earned Income Tax Credit, which is truely a wealth redistribution plan, since the amount of money is not based on anything other than what politicians decided to write into law (it's already changed several times thanks to Congressional meddling).
For one person, the poverty level is $10830. 23% = $2409.90, which equates to about $207/month. That effectively means someone living at or below the poverty line will live tax free.
For a family of 4, the poverty level is $22050. 23% = $5071.50, which means $422/month. For that family of 4, it equates to about $105 per person. Which means that family of four pays no federal tax on their basic necessities of life.
No, this is a far cry from a wealth redistribution plan.
To Matthew Morris: Yes, this plan is completely conditional on the repeal of the 16th amendment.