26 top American corporations paid no federal income tax from ’08 to ’12 – report

[JJIII]

Hey... has anybody ever heard of the "Fair Tax"?

http://www.fairtax.org/site/PageServer

[BlueStreak]

Originally Posted by JJIII

Hey... has anybody ever heard of the "Fair Tax"?

http://www.fairtax.org/site/PageServer

They still wouldn't pay, John. Charge them 0% and they'll try to get the state and federal governments to give them money.........

Oh, that's right, they already do.

Dave

[Tom Joad]

Originally Posted by JJIII

Hey... has anybody ever heard of the "Fair Tax"?

http://politicalcorrection.org/factcheck/201104220008

Problematic And Unfair "Fair Tax" Would Burden Middle Class
April 22, 2011 3:21 pm ET

It's no secret hard-right Republican members of Congress love to advocate lower taxes for the richest Americans. One recent GOP proposal from Rep. Bob Woodall (R-GA) exhumes the long-discredited "Fair Tax," a bill that would abolish the IRS and replace income and corporate taxes with a national retail sales tax. But the proposal has numerous problems: It relies on unsound numbers and, in practice, it would cause taxes to rise, incentivize tax evasion, and shift the tax burden onto the middle class.

continued

[4-2-7]

Originally Posted by JJIII

Hey... has anybody ever heard of the "Fair Tax"?

http://www.fairtax.org/site/PageServer

I have heard a bit on it and quite a few other countries do it. We just need to find the cleanest way to make it work.

[finnbow]

Originally Posted by 4-2-7

I have heard a bit on it and quite a few other countries do it. We just need to find the cleanest way to make it work.

You're confusing a sales tax with a VAT. They are different animals. Besides, countries with VAT tend to have income taxes as well.

[Tom Joad]

Originally Posted by finnbow

You're confusing a sales tax with a VAT. They are different animals. Besides countries with VAT tend to have income taxes as well.

Exactly.

I doubt there is any country in the developed world that has anything near what the Republicans are proposing as a so-called "Fair Tax".

The "Fair Tax" is a right wing scam, specifically designed to shift the tax burden down to the lower and middle classes.