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My conservative buddy in Georgia says the tea-bagging is really a front for the fair tax initiative.

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grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 01:41 PM
Original message
My conservative buddy in Georgia says the tea-bagging is really a front for the fair tax initiative.
The fair tax shifts the tax burdon to the poor and middle class, of course.

It was started here in GA by Radio dude Neil Boortz and one of our reps.

I have a counter proposal, BTW, called the "NO TAX" - in which we eliminate all personal income tax on people earning under 500k per year and only tax the wealthy and corporations.

What Obama claims he's going to do is increase taxes on the wealthy and Corp's in order to pay back the massive deficit he's running up.

So the (un)fair tax is a perfect rebuttal to his plan.

It must be stopped.
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SoCalNative Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 01:43 PM
Response to Original message
1. Hmmm...
Edited on Wed Apr-15-09 01:44 PM by SoCalNative
"I have a counter proposal, BTW, called the "NO TAX" - in which we eliminate all personal income tax on people earning under 500k per year and only tax the wealthy and corporations."

You mean the way it USED to be, when Federal Income Tax was first instituted?
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grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 04:45 PM
Response to Reply #1
11. Think of how much easier it would be to collect taxes on only 5% of the poulation instead of 95%!
This would increase the efficiency of the IRS a thousand fold.
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 01:44 PM
Response to Original message
2. Interesting how they can bamboozle the village serfs...
To protest until they get a tax increase.
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frylock Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 04:37 PM
Response to Reply #2
10. fuckin rubes..
there's one born every minute.
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 02:00 PM
Response to Original message
3. I agree. I've seen several pictures of signs with 'Fair Tax' on them.
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 02:40 PM
Response to Original message
4. I believe the term is "Astroturf".
"Astroturf" meaning a fake "grass-roots" movement secretly funded by rich elites.
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 02:48 PM
Response to Original message
5. Rich people using poor people to fight tax increases so they don't have to pay their share.
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Stagecoach Donating Member (468 posts) Send PM | Profile | Ignore Wed Apr-15-09 03:06 PM
Response to Reply #5
7. That's what gets me
This is basically the wealthy saying to these protesters...."Help me get my taxes lowered and you pay more to make up for my shortfall.....this will be good for you! This will allow you to become wealthy like me"
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bullwinkle428 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 02:58 PM
Response to Original message
6. Boortz has been pushing this shit forever - he really has lots
of his sheeple bamboozled into thinking his proposal has any real semblance of "fairness"!
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grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 04:14 PM
Response to Reply #6
8. I actually had the opportunity to speak to Boortz in person
I asked, "So Neil, what's the bottom line, will my taxes go up or down under your plan".

He said over-exuberantly , like a used car-salesman on line for the kill, "that all depends on how much you save!".

Which said to me my taxes would go up under his craptastic plan.

Basically, his plan is a consumption tax, and since poor and middle-class people spend more of their income oon consumables, then we suffer a higher tax burdon.

His plan does NOT tax the purchases of stock, bonds, or even commodities, which the wealthy buy and trade often.

So, if you buy a cup of coffee, you pay this new (35% !!!) tax.

However, if you buy a 10 tons of coffee - you pay NO tax!!!!
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Hugabear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 04:17 PM
Response to Original message
9. Check out the thread I just started about this
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5463349&mesg_id=5463349

Blows a huge hole in his argument - and that's even if you take his plan at face value. I've read that many economists predict that the actual sales tax would have to be somewhere between 30-60%.
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Xenotime Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 05:27 PM
Response to Original message
12. tea bagging is a front for RW terrorists...
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