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if you chose to label the beacon hill institute "right wing " or not really doesn't matter. all there numbers and how they arrived at them are all online for review. I would like to see your data that proves them "frequently inaccurate in their endeavor to promote their ideals".
the 2007 beacon hill come up with a rate of 23.82% based on static numbers at the time, as we all know the economy is not static. you metion other studies yet you don 't provide links to so they can be read and studied and rebutted. therefore I will assume you are speaking about the studies mentioned here. http://www.beaconhill.org/FairTax2007/BHI-AEI-What-rate-works-2-28-07.pdf.
again you go back to income. the fairtax is not based on income, it does not tax income. income is not realitive to the fairtax other then it allows you to spend more and therefore pay a higher amount of tax. will some one making $1 million pay more or less under the fairtax? that all depends on there spending choices. the fairtax works the same regardless of your income level. if you spend more you pay more, spend less then you pay less.
yes people can buy products overseas and not pay tax as long as those products are used overseas, if they bring them into the U.S. to use then tax would be due on them. will people cheat the system under the fairtax? yes of course people will cheat any tax system you come up with.
if your only goal is to tax the rich then the fair tax is probably not for you. if your goal is to help the poor that wish to better themselves, to improve the U.S. economy, to bring jobs back to the U.S., to support freedom and liberty then the fairtax is a very good plan that achieves all of the above.
neither Boortz nor Linder authored the fairtax bill. Linder simply introduced the bill in the house every year until his retirement. Boortz is just a supporter/ promoter of the fairtax plan
Jan I assume you have data to back up your claims and you will be submitting them shortly for all to review?
you make the claim that the fairtax would be more expensive to collect because every retailer is a tax collector. well every retailer in 45 of the 50 states already collects sales taxes, collecting a little more adds very little expense.combine that with every retailer no longer having to file income tax, pay the employer part of every employee's SS, greatly reduced payroll expense's and the cost saving to employer's starts adding up,
beacon hill estimated the total saving for the administration of fairtax to be $14.70 per $100 of revenue. http://www.beaconhill.org/FairTax2007/TaxAdminCollectionCosts071025%20.pdf
next you claim the fairtax falls short of being revenue neutral. this contradicts testomony given to the house ways and means comittee during a hearing on the fairtax. here is a link to it and a small quote. "More recent calculations show that the 23% rate called for in the statute would have raised more revenue than needed in 2009 and 2010." http://www.beaconhill.org/FairTax2011/Kotlikoff-Tuerck-Testimony-to-Ways-Means-7-26-11revised.htm
I'm not sure what you are trying to say in your next sentence, but under the fairtax no one would pay any federal tax on spending up to the federal poverty guidlines. in the case you mention above of the single individual making $11,500. under the fairtax that person could spend in 2012 $11,170 on taxable goods and services before they started to pay the fairtax, spending on used items are not taxable. the fairtax removes all loopholes, every one is treated the same tax wise.
many supporters respond " read the book" so people have a basic understanding of the fairtax. it gives a starting point for discussion. I agree there are many places to get information on the fairtax online, some of it good some of it not so good, so no need to "read the book" if you don't wish. the best source of information on the fairtax is the actual bill itself. it is only 130 pages double spaced so it can be read in a few hours. it contains no spin just the facts. fairtax.org has a plain english version that can be found here:http://www.fairtax.org/PDF/PlainEnglishSummary_TheFairTaxAct2007.pdf
if you are on facebook then there is a fairtax Q&A group where any questions you may have will be answered. https://www.facebook.com/groups/122352091216278/doc/138871102897710/
Last login: Thursday, April 19, 2012