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Reader comment on:
ScareTax, Not FairTax
in response to reader comment: This is what happens...

Submitted by Lew Waters, Dec 18, 2007 13:07

You either misread or misrepresent my words. I never said prices go up 30%, I said taxes charged will be 30%, which is what even the Fair Tax website admits to, when computed as we look at taxes now.

Your "11 trillion dollars" figure is a pipe dream. It is assumed somehow that all of a sudden, people who hate paying taxes will no longer desire to avoid paying them.

No paperwork? How do people obtain their prebates? No massive bureaucracy? What is the Administrative Authority mentioned in the bill?

Since bartering is mentioned in the bill to be taxed, as are medicines and food and such, how do they intend to enforce collection of taxes on bartering? From section 505, Penalties, "RECKLESS OR WILLFUL FAILURE TO COLLECT TAX.—

(1) CIVIL PENALTY; FRAUD.—Each person who is required to and recklessly or willfully fails to collect taxes imposed by this subtitle shall be liable for a penalty equal to the greater of $500 or 20 percent of tax not collected.

"(2) CRIMINAL PENALTY.—Each person who is required to and willfully fails as part of a trade or business to collect taxes imposed by this subtitle may be fined an amount up to the amount determined in accordance with paragraph (1) or imprisoned for a period of not more than 1 year or both.

I too could go on and on, but encourage people to read the actual bill, not what a radio host says about it.

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Other reader comments on this article

Comment	By	Date
I am a complete layman in the way of taxation and cannot find the answers to my questions in the... [MORE]	Tami	Dec 19, 2007 03:45
to manufacturing in America when taxpayers opt for purchasing existing large budget items over new ones, to avoid having to... [MORE]	Lew Waters	Dec 17, 2007 23:40
Not much. First of, as we've covered ad infinitum and as you must obviously continue to ignore, prices do not... [MORE]	Tom	Dec 18, 2007 08:45
There is NO price increase. Corporate taxes are omitted and exchanged with the sales tax!!! [MORE]	Mark M	Dec 18, 2007 09:05
You either misread or misrepresent my words. I never said prices go up 30%, I said taxes charged will be...	Lew Waters	Dec 18, 2007 13:07
I approached the so-called FairTax with an open mind, but the more I have learned about it, the more biased... [MORE]	sirius	Dec 17, 2007 23:08
So many in fact I'm loathe to address them one by one. My time is valuable, his obviously isn't. 1) All... [MORE]	ctyankee	Dec 18, 2007 09:48
But so would your take home pay! I'm betting that offset would be very much in your favor. [MORE]	thrakazog	Dec 18, 2007 15:34
The constant jabber about the rich and the poor makes me sick. I am far from rich, and alot closer... [MORE]	Tom Kropewnicki	Dec 18, 2007 16:46
"1) All taxes are tied to inflation, as your income rises so to will your taxes." Wrong. Payroll taxes and... [MORE]	sirius	Dec 18, 2007 18:36
Idle: "You call that an argument?Cleese: "Yes"Idle: "Contradiction is not argument." Cleese: "Yes it is." 1) The income tax has brackets... [MORE]	ctyankee	Dec 19, 2007 10:13
Let's see, 30% more income, government grows stronger, poor (and all) covered with prebate, prices stay the same, 11 trillion... [MORE]	Mark M	Dec 17, 2007 19:34
This same article by this same clueless author appeared on Bloomberg.com last week, and here it is again with the... [MORE]	Tom	Dec 17, 2007 14:54
The FairTax is a fraud that shifts the tax burden to the poor and middle classes while making inheritance, gifts,... [MORE]	FairTaxFraud	Dec 17, 2007 06:50
I am responding to the poster named "FairTaxFraud", who has been all over the net posting verbatim the same silly... [MORE]	Tom	Dec 17, 2007 18:39
With the IRS politicians pick who gets punished with taxes. Corporations are one of their favorites. You even said that... [MORE]	Don J	Dec 18, 2007 10:06
Nobody seems to talk about the worst part of the Fair Tax. Most personal wealth and savings has already been... [MORE]	George West	Dec 17, 2007 01:22
I'd gladly pay the 30% out of my current savings to get the existing tax system removed. Just look at... [MORE]	thrakazog	Dec 18, 2007 15:40
You have no idea of what you are talking about. The DailyPaul does not tell anyone what to do! People... [MORE]	Carolyn	Dec 17, 2007 01:12
Apparently, your newspaper is still ignorant of the nature of the 16th Amendment. It's actually a private law, not applicable... [MORE]	Jeanne Mount	Dec 17, 2007 01:06
The Fair Tax is an idea whose time has arrived. Take home your whole pay check, and pay a sales... [MORE]	Frank Fiordalisi	Dec 17, 2007 09:26
Taxes on earned income is placed on the wage earner by the city, state and federal government for the operation... [MORE]	Gene	Dec 17, 2007 10:33

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Reader comment on:
ScareTax, Not FairTax
in response to reader comment: This is what happens...