Why I ask, is this web site shows he is running against liddy. Currently the only person doing so. His website also shows he is in the race.
Alot of the names being mentioned here are also shown on that site.
If no others come out, does this hendrix guy stand a chance?
As a republician, how bad did he get beat in his bid for congress in 04 and 06? Did he do anything that was so stupid that his chances are nil? No micaca statements or other idiotic dumbness?
Any comments from the folks who he was trying to represent?
Comments
Fair Tax?
Really? It looks like a national sales tax is the only thing he believes in.
Also, he lost to Vernon Robinson in the primary in 06. Doesnt look good at all.
"Keep the Faith"
"Keep the Faith"
Hey, there are many great people who love "fair" or flat taxes!
1 Thessalonians 5:21: But examine everything carefully; hold fast to that which is good.
I always wanted to be the avenging cowboy hero—that lone voice in the wilderness, fighting corruption and evil wherever I found it, and standing for freedom, truth and justice. - Bill Hicks
interesting crop.
One man with courage makes a majority.
- Andrew Jackson
Jesus Swept ticked me off. Too short. I loved the characters and then POOF it was over.
-me
Don't you start!
Truce! Truce! John Edwards is great!
1 Thessalonians 5:21: But examine everything carefully; hold fast to that which is good.
I always wanted to be the avenging cowboy hero—that lone voice in the wilderness, fighting corruption and evil wherever I found it, and standing for freedom, truth and justice. - Bill Hicks
I thought you would see it my way, and now...
everyone will know about it.
John Edwards is great!
- Sam Spencer, BlueNC, 7/3/07
Jesus Swept ticked me off. Too short. I loved the characters and then POOF it was over.
-me
You are ... EVIL!
All of this over a bit of college humor and Mike Gravel.
1 Thessalonians 5:21: But examine everything carefully; hold fast to that which is good.
I always wanted to be the avenging cowboy hero—that lone voice in the wilderness, fighting corruption and evil wherever I found it, and standing for freedom, truth and justice. - Bill Hicks
Lance, can you please delete the above comment?
Dang it.
1 Peterson 7:3: Thou shalt ignore context in thy signatures.
I always wanted to be the avenging cowboy hero—that lone voice in the wilderness, fighting corruption and evil wherever I found it, and standing for freedom, truth and justice. - Bill Hicks
I would vote
for Gravel before Hendrix
"Keep the Faith"
"Keep the Faith"
National sales tax (FairTax) IS the only thing . . .
. . . he NEEDS to believe in in order to be a TERRIFIC Representative. Why? Because the ramifications of getting politicians' hands out of our pocketbooks are PROFOUND!
Here is why the FairTax MUST replace the income tax. The FairTax is:
• SIMPLE, easy to understand
• EFFICIENT, inexpensive to comply with and doesn't cause less-than-optimal business decisions for tax minimization purposes
• FAIR, loophole free and everyone pays their share
• LOW TAX RATE, achieved by broad base with no exclusions
• PREDICTABLE, doesn't change, so financial planning is possible
• UNINTRUSIVE, doesn't intrude into our personal affairs or limit our liberty
• VISIBLE, not hidden from the public in tax-inflated prices or otherwise
• PRODUCTIVE, rewards, rather than penalizes, work and productivity
Its benefits are as follows:
FOR INDIVIDUALS:
• No more tax on income - make as much as you wish
• You receive your full paycheck - no more deductions
• You pay the tax when you buy "at retail" - not "used"
• No more double taxation (e.g. like on current Capital Gains)
• Reduction of "pre-FairTaxed" retail prices by 20%-30%
• Adding back 29.9% FairTax maintains current price levels
• FairTax would constitute 23% portion of new prices
• Every household receives a monthly check, or "pre-bate"
• "Prebate" is "advance payback" for monthly consumption to poverty level
• FairTax's "prebate" ensures progressivity, poverty protection
• Finally, citizens are knowledgeable of what their tax IS
• Elimination of "parasitic" Income Tax industry
• NO MORE IRS. NO MORE FILING OF TAX RETURNS by individuals
• Those possessing illicit forms of income will ALSO pay the FairTax
• Households have more disposable income to purchase goods
• Savings is bolstered with reduction of interest rates
FOR BUSINESSES:
• Corporate income and payroll taxes revoked under FairTax
• Business compensated for collecting tax at "cash register"
• No more tax-related lawyers, lobbyists on company payrolls
• No more embedded (hidden) income/payroll taxes in prices
• Reduced costs. Competition - not tax policy - drives prices
• Off-shore "tax haven" headquarters can now return to U.S
• No more "favors" from politicians at expense of taxpayers
• Resources go to R&D and study of competition - not taxes
• Marketplace distortions eliminated for fair competition
• US exports increase their share of foreign markets
FOR THE COUNTRY:
• 7% - 13% economic growth projected in the first year of the FairTax
• Jobs return to the U.S.
• Foreign corporations "set up shop" in the U.S.
• Tax system trends are corrected to "enlarge the pie"
• Larger economic "pie," means thinner tax rate "slices"
• Initial 23% portion of price is pressured downward as "pie"
increases
• No more "closed door" tax deals by politicians and business
• FairTax sets new global standard. Other countries will follow
While many vested interests are motivated to demagog this well-researched plan, those who want to become part of the solution can start here: FairTax Million Marches On
i dont have the time
to prove you wrong, cause im busy, but all I will say is that a Fair Tax is better than a Flat Tax.
But that is like saying that Romney is better than Cheney.
"Keep the Faith"
"Keep the Faith"
I believe that a sales tax is not a "fair tax"
unless families who make less than $50,000 a year are exempted from it, and it is not charged on food and other necessities such as clothing and medicines that are indicated for your use by a medical professional.
That said, while I believe an overhaul of our tax code is necessary, I would not support a candidate who advocates for a "fair tax" - because I believe that "fair tax" is right wing code for "sales tax". I don't believe that it would support the infrastructural needs of government at any level. And yes, I believe that taxes are a good thing, and I believe that government, when done properly, is a good thing, too.
That's nice, but
I'm much more interested in what my Representative does with said revenues than how he collects it. That's assuming he doesn't hold up the Lupin Express, harvest any orphan organs, or other non-efficient methods of collection. :)
How he collects it is more important
then how he spends it. If he is willing to change the overall way we are taxed and gives me an idea of how much money I will actually make, I am all for it.
As a single male, I truely do not like having my salery taken from me at the rate done solely because i am single or at a rate that is diffrent then my married counterpart. We both do the exact same job, at the exact same rate, working the exact same hours yet a married person brings home more then I do, that is not fair in any streatch of the imagination. I am tired of people/government telling me that because I do not have as many mouths to feed that the money I make can be taxed at a higher rate. It sounds like this fair tax is going to allow me to negotiate a salery with my employer and I will get what I negotiated. When I spend because I do not have rugrats and a "ball and chain" the government will be able to get my money, but it will be because I chose to spend and buy things.
If he is willing to give me that confidence, then the way he is going to spend my money will also be down similar lines. Also, at this current junction, it just does not matter who is in there, they are wasting my money at an alarming rate.
Another thing I like is when you buy stuff, your paying the tax. If you dont buy new things, your not gonna get taxed.
I do not believe that anyone who truely believes in the fair tax is a spend spend spend kinda guy.
My understanding of the fair tax is when I buy something if its new, then I have to pay all the taxes. However, the tax is imbedded in the cost of the item. Which means when I go to bestbuy and buy a large screen tv for $4995, the tax is already there. If I count out 4995 one-dollar bills, I will beable to walk out the store with my tv. The price is not going to climb when I go to check out.
What I truely do not understand with this fair tax is how will the government get the revenues needed to keep the country going UNLESS the fair tax also requires the government to only spend what it brings in. A wild concept.
Also, how will local governments get the revenues they need to function.
Another problem with fair tax is if we get into a ressission or depression where noone is buying goods, no taxes are being collected, no services will happen and these services will be needed at that time but there will not be any money to assist folks. kinda of a catch 22?
When the economy is going strong is there a provision to "save for a rainy day?" so when we have problems how are we going to get ourselfs out of the problem.
Granted, under the current system, if noone is working, no one is paying taxes, the government again has that problem.
I thought you were a good guy.
Now I know it.
My problem with the "fair tax"
Is that the people at the lower end of the spectrum wind up spending a larger percentage of their income on necessities - which are taxed at the same rate as the luxuries that the financially blessed can choose to purchase or not. Let's face it - no one needs to spend $4995 on a television. No one really needs a television at all, I suppose.
But in order to get to work, one needs transportation. In most areas of this state, that means a car. Let's say I make $45,000 a year. Not a bad income, not a great one, either. I need to purchase a car. I go in with my one dollar bills - and count out $15,000 for a car. Not a great car, not a bad one, either. (I'm assuming that you're correct, that tax is included in the price.) Whether I'm financing it, or paying it out of savings, it's a huge chunk of change for me. Let's say that the tax is 10% of the price. That's $1500 - just on my car. So the tax on my car has just cost me 3% of my annual income.
Now let's look at the gifted - no matter how they came by their wealth - someone with income of say 250,000. That's not unheard of, and not terribly wealthy, really. They purchase a car that's worth 3 times what mine is - $45,000. Paying a "fair tax" - the same 10%, they pay $4500. That's only about 1.8% of their income.
How is that a fair tax? It's "equal" on the purchase price, but the impact on the family is not equal at all.
I certainly understand your complaint about marrieds seeming to get a break by getting less withheld from their pay, and I don't understand all the ins and outs of tax law. I wish I did.
I just know that if a republican -- the same ones who are telling you about "Clean Skies" and "No Child Left Behind"-- start telling you about "Fair Taxes", hold on to your wallet, my friend.
true true
But those folks that are getting $250,000 are spending $250,000 at a 29.9% rate...
Under ur example, you have a salary of $45,000, but today if you where single, you would be paying about 28% or $12,600 just in taxes, now you can go buy the car. So in reality, that car cost you $27,600 ($12,600+$15,000). Or put another way, you have a $45,000 salary, but it only has a buying power of $32,400 due to taxes. After you have bought your car, you will have $17,400 in buying power for that year.
Under the fair tax, that car is going to cost you $15,000 (of which $4485 is taxes but you dont really see that, you pay $15,000) leaving you with $30,000 for the rest of the year to buy what you wish. Or you have $30,000 in buying power for that year.
Also, those at the higher end pay scales are probably going to buy new, while those at the lower end are probably going to buy used. When buying used, the tax has already been collected, thus no taxes collected. So if you buy used, ur not going to pay any taxes on that item. ZERO dollars to the government.
Also, when u do walk into a car dealer and plop down $15,000, thats it, done, no more money coming out of your pocket. The imbedded tax on that 15,000 is that 29.9 if this car is new.
Under the current system, your first paying a tax on what you made...I currently get 28.9% of my gross pay goes back to the various taxes I pay. Well it might be a little lower cause there are some things like PTO I am buying. but its small.
Then when i go buy that $15,000 car, i am going to pay an additional tax to the government for that car in the form of a sales tax, regadless of if its new or used. NC is 8%? So really, I am getting double taxed in this example. If my understanding is correct.
Under this fair tax thing, I have the choice of when I am going to pay a tax. If I buy new, then I know the price (29.9%) has been increased to absorb the imbedded taxes. If I buy used, the price of the item is the price...If I feel the item is worth that, I will wipe out my GWs and pay, and uncle sam does not get a dime from me on that transaction. If my understanding is correct.
Dont know where food, electric and those services falls into all this, nor gas nor other things. Dont have a clue on those items.
For me, the best thing I like about all this is the price on the item is the price i am going to pay. I can go shoping with my friends kid and buy her what ever clothes item she wants and I can tally up how much I spent on the rugrat before I get to the cash register. I wont care about the 29.9% markup. I will look at the price of the item and deterimine does the item go back to the rack or into the cart, yea she gets an input, but I probably should not allow her one so I am not teaching her "bad" shoping habits!
That is one of the nice things even now about being single. Walk into a store and I can walk out with nothing in my hands cause I can probably make due without or I can buy that stupid plazma TV with all the bells and whistles. Bologna sandwiches for a month, here I come.
On the other hand, If I am getting my full $11.54/hour wage in my pocket, it will be soooooooooo much easier for me to go to the store and walk out with items, new or used. If your in the retail market, you want me in your store with that mentality. Cause I wont care how much I spend. Right now, I walk into stores with the mindset of buy as little as possible cause I am not making $11.54/hour but $8.19/hour.
At some point someone is going to buy something new with my GWs, until then why does the government need to stick their hands in our transaction if I am selling something used to you? What did uncle sam do to make that used item better that he deserves a cut of this deal? Just cause hes the government? dont think so.
It is an assumption on my part that someone making tons more then I am are not going to buying everything used, but mostly new. They are doing it now, and will continue to do so and they are buying big ticket items that many of us probably cannot afford to buy regardless....Instead of paying 8% they will be paying the 29.9% imbedded tax. Instead of them having a zillion tax loopholes they can utilize on their income to shelter it, they can have it all, the government will be there when they try to spend that money. No more loopholes or preceived they are getting away with things...
And to me, thats fair.
And I can see a whole new "used" industry
growing up, cheating the government out of the money it needs to provide services.
Who will be running those industries? The very same ones who create the loopholes now.
I don't buy it. Not for a minute, Parmea. Not for a minute.
How many used items
do people buy now?
How many new items do people buy?
I personally do not buy much of anything used. I am to scared of what the other guy did to the item in the first place. I figure there is a reason someone sold this in the first place, cause its broke in some way!
However, will there be a huge glut of used everything sales people? maybe yes, maybe no, but new items will always be bought and old items will always go bad requiring someone to buy a new item, and they will then pay the imbedded tax.
Wonder if the new parts your putting into that used toaster has the imbedded tax on it? Dont know, but kinda seems it should as the part is new. Still, if the part is $3, if you feel the toaster should get this part, when you buy it and it has the tax imbedded, ur still only paying $3. You have the ability to determine the value of the item without concern to the extra you have to pay in taxes.
I firmly belief that most people look at the price tag on the item to determine if they can afford it. Most people will belief that if they buy new, the item will last longer then if buying used. If they can afford new because they now have a higher buying power, they will.
With that in mind, will folks only buy used to screw uncle sam, sure, folks will be doing that, but not so many that the economy is going to crumble.
When I make a dollar, I will want to spend that dollar, most of us do. Most of us have to. What are we spending it on? alot of new stuff. Whats wrong with buying something used and not having to pay the government? Force the government to make proper decisions with our money. How many times does the government need to collect a tax on the same item?
Wonder what this will do to all the FTA now floating around? Hope it trashes them. I want folks making products in this country, getting a fair wage for the work provided and then buying those goods and services from ourselfs. Would be nice to keep the GWs in this country vice moving them out of the country.
As an excercise, anyone reading this, look at your bank account. No matter how much you make, that thing does not move up to awefully much from year to year? Thats cause your buying stuff, much of that is new so much of your salary is going to be going to paying that 29.9% imbedded tax. Only you wont realize it bacause you will only worry about the price of the item and if you want it, you will buy it.
You control the dollars IN by determining your wages/saleries and you control the dollars OUT by what you buy. The tax system is transparent to you. At least that is how I see it. You will spend as your heart and needs dictate and the government will get its share also based on the buying power of all of us collectively.
I also see this fair tax thing as a pipe dream. The ability to control my money is something the government just wont allow me to do.
I will continue to get taxed at a higher rate then my married counterpart. I will continue to be looked at funny when I go and ask for services from my government because I am a single guy. Did you know that as a single guy I cannot claim unemployment benifits because I make to much even if I get fired or the job just flat goes away? (retired military, gross $24,000/year without working) I know I can never adopt a child being a single guy, but my taxes go to organizations that support adoptions. That if I am unemployed I can not get food stamps or any other service others who do not have a job can? I am over qualified. Yes I know this current system is fair. Just wish it was a little fairer my way.
I'm no economist, but
if the only way we collect revenues is by inflating the price of new retail goods, the sales of retail goods are liable to drop, causing the recession you're worried about. And then, our Representative who only believes in a fair tax is liable to spend revenues to subsidize retailers so they can bring their prices back down so people will start buying again so we can get more revenues...
Something else to consider:
American-made goods (what few are left) are generally more expensive than those imported from countries with lower average wages, even counting shipping and tariffs. If retail prices go up across the board to absorb the "fair tax", it will put even more pressure on retailers to market the cheaper, foreign-made products, just to be able to sell them for what American-made products sold for before the tax.
Assuming extra spending money will go towards the same quality products is a stretch, as far as I'm concerned. As an American manufacturer, I can tell you our profit margin is hair-thin already. We've been forced to lay off more people in the last 12 months than the previous 5 or 6 years combined, and we've already squeezed as much out of our costs as humanly possible just to keep the smaller niche markets. Something like this could deal a final blow to much of the manufacturing sector.
What did all the FTA
do to your bussiness and why have you not moved out of the country? Your one of the few who can still stay American build (really built in the USA)! Thank you.
Your comments make since and I do not know what this fair tax thing would do to you vs your out of country competition. Someone tried to explain that aspect to me, but I just did not understand it. but this from above indicates that alot of that is off-set???
my bold
Now I dont see how they (government) can tell you to reduce your cost for the product by 20 - 30% unless that is already the tax we are paying anyways for your product? Or all the taxes that are being pushed to us by the various producers of the product. I know each time someone has to pay a tax on a product, that tax is just added on until I finally buy the thing. So it is conceivable thats what this percent to the price is?
If everything is a straight 29.9% then yes the cost of your product will go up by
-.1% to 9.9% depending on what % of the 20 - 30% your product is taxed at or what ever this % thinggie is? If your competition does not go up by an equal % then you are going to be screwed under this system.