Yes, Saxby is a big taxer
October 17, 2008 at 3:30 pm by John F. Sugg in NewsNeal Boortz was about ready to blow a fuse yesterday over a commercial for Democrat Jim Martin, who is challenging Saxby Chambliss for the U.S. Senate. The ad makes the very correct claim that Chambliss has proposed a national sales tax (AKA, Boortz’s very unfair “Fair Tax”) that would jack up the cost of everything you buy by about 23 percent.
That’s exactly what the “Fair (Hahahaha) Tax” would do. Boortz and his lurching brigade of intellectually challenged me-too-ers, claim Martin’s assertion is a lie. Why? Because the “Fair Tax” would ostensibly replace all federal taxes, which Boortz said on air today total 22 percent of the price of goods. Even if Boortz was precisely accurate, Chambliss’ proposal would still cost taxpayers 1 percent more than what they currently pay. According to Boortz.
But that’s not the full story. There is nothing to compel businesses to lower their prices to offset the end of federal taxes. Indeed, they could blame higher prices on the “Fair Tax.” Boortz once told me that the “market” would “ensure” that businesses would lower prices. He couldn’t quite explain how. But these folks have a faith in the golden calf of the “market” that rivals Sarah Palin’s belief that witchcraft is real.
Moreover, many federal taxes are embedded in your paycheck. I’m sure the same businesses that would cheat a little on reducing the prices of what they sell by 22 percent would be more than happy to slash your paycheck. So, the net impact of drinking Boortz’s and Chambliss’ Kool-Aid would be prices would leap by 23 percent, businesses almost certainly wouldn’t cut all of the old federal taxes from their prices, and you can be sure your paycheck would shrink.
No fear, however, the “Fair Tax” is DOA. Ain’t gonna happen anytime soon. Oh, on it’s “fairness,” Boortz once let slip on air that his goal with the tax was “to punish the poor.”
October 17th, 2008 at 8:33 pm
Taxes are a cost of doing business and are added to the costs that we pay.
The Fair Tax would NOT be paid by the businesses who make the product.
The “embedded” taxes in my paycheck are paid by ME not the EMPLOYER.
If you don’t understand that competition would drive lower prices, then I can’t help you.
Were you drunk when you wrote this bit of drivel?
Just because Boortz backs it doesn’t make it bad.
October 18th, 2008 at 9:33 am
Wow, you have no real understanding of the FairTax (let alone capitalism and equilibrium) and it seems like you choose not to.
Everyone would pay a 23% sales tax, yes but you fail to mention the monthly prebate which effectively removes all tax burden from the poor (not exactly punishing them are we?).
As for the drop in prices, all it takes is one company to drop their price to gain market share and they’ll all follow.
The FairTax may be dead like you say, but it’s far from unfair and would reward saving rather than punishing success. I’ll take the FairTax over our Marxist income tax any day.
October 20th, 2008 at 9:14 am
Sugg – you mention that Federal taxes are embedded in paychecks today and the Fair Tax would somehoe permit them to slash our pay.
Lower pay is lower pay, regardless of how and when taxes are paid. How does the Fair Tax enable them to avoid competing for employees as they do today?
October 22nd, 2008 at 9:44 am
You obviously are ignorant about the Fair Tax. First of all, it eliminates all your income tax witholdings so you will get a full paycheck and for retirees 100% of their pensions. It would not tax necessities and spending on education. Read FAIR TAX: The Truth.
October 22nd, 2008 at 9:52 am
Punishing the poor??? Are you kidding? The poor will make out on this because they will only pay tax on anything that is not an essential. In this scenario everybody pays their fair share, the rich can have their large homes, boats, etc taxed appropriately and the poor will only pay taxes on any extras they want to purchase keeping more money in their pocket to use for education so that they can improve their quality of life.
October 22nd, 2008 at 9:54 am
… and my little pony will grow up to be a beautiful unicorn. Yay!
October 22nd, 2008 at 10:26 am
The fair tax is a scam. Just look at the people promoting it. Bortz has all the credibility of Shawn Hannity and you expect us to take you seriously?
The fair tax shifts the tax burden off the very rich and onto the middle class. The claim that the fairtax will generate the same revenues is ridiculous. If you tax based on consumption then you are decreasing the tax on the very rich. Someone making 12 million a year does not consume 4 times more than someone making 4 million a year. That difference has to be made up by increasing the amounts the middle class pays.
The fair tax is a scam that preys on the fact that people do not like the IRS and they do not like taxes. It’s promoters like Bortz love to misrepresent and sensationalize the evil government “putting a gun to your head” to collect taxes. They believe that taxes should be paid by the working people and the rich should get a free ride. They support billions of dollars tax breaks to big oil during record profit periods. Then we are expected to believe that Neal Bortz is suddenly on the side of being “Fair”. What the fair tax does not tell you is who they think they are being fair to.
October 22nd, 2008 at 4:56 pm
John grow the other side of your brain. It kills the IRS and gets them out of your bedroom.You pay tax only on what you buy excludung housing, food and clothing. The budget will balance every year because it chages every year. The cost of good s don’t go up because there is so much embedded tax now that the 23% wouldn’t compare. READ UP on it before you make a comment.
October 30th, 2008 at 1:54 pm
Apparently John is very pro-IRS, and very against the idea that illegal immigrants and drug dealers should have to pay taxes. Let us not try to dissuade him from his genius.
October 30th, 2008 at 2:33 pm
So, you oppose the idea because Boortz and Linder support it. Brilliant. Oppose every idea from someone you don’t like. Thinking like that is what prevented Bush from re-regulating Fannie and Freddie in 2003.
People who make those large sums have sophisticated financial measures in place so that they do not show all of that money as income. They can get loopholes created by the Congressmen they buy.
The “rich” consume FAR more than the poor and this would tax them more effectively than our loophole ridden tax code.
The Fair Tax will also catch the black market in the US. Even criminals like Big Meech and all those “undocumented workers” would pay Federal taxes.
Tell me, have you actually read the book or just the talking points against the Fair Tax?
March 5th, 2009 at 10:49 am
You know, i am weary with the aggressive nature and tone of those who oppose the fair tax when they attempt to argue their points. Get your facts right before you dismiss it, and tear it down. Read something. This is a military tactic you get on board with; KNOW YOUR ENEMY.
My thoughts on this issue take a cynical view, likely because of the inaccurate ways and means by which the people who wish to keep us under the heavy burden of the status quo, have taken as their tactics.
As i see it, the fair tax will likely never see the light of day, because the lies the opponents spread have duped the ignorant morons of the public into believing that original tax prices would remain, while an additional 23% would be added to what we already pay.
That’s simply, not how it goes Mr. Sugg. It’s a replacement of our current system, not an addition to it. There would be nothing additional whatsoever. Look at it like this, every paycheck you get, the government takes their cut. This would be the end of that. No more tax deductions from your pay. We would all, make more money.
What’s not to like about that?
The facts here seem to indicate that since Boortz is not black, nor is he a vehement supporter of Barack Obama, suddenly any and all points of view he supports are invalid.
He’s not a democrat! So burn him at the stake!
You know what’s the underlying cause of this? Where does the motivation for this opposition originate? Reverse racism.
But no, Boortz is not a republican, either. So get your story straight, know your enemy, before you attempt to dismantle their talking points.
March 5th, 2009 at 2:07 pm
A libertarian is a republican without all the Christian undertones. Calling yourself a Libertarian does not distance you from the Republican party. I love when people are concerned about illegal aliens. I work for a company that has a shipping department. The whole warehouse is made up of a Latino work force that i doubt are legal. But guess what, they all have fake social security numbers. They all have taxes taken out of their checks. They also pay sales taxes on everything they buy. And they all work very hard. The myth that illegals are being paid cash is just that: a myth. We also deal with alot of contractors. Most of these AMERICAN CITIZENS prefer to have their customers pay in cash. Why you might ask?? TAX PURPOSES.
March 28th, 2009 at 8:37 am
Who is going to be responsible for sending out monthly checks to 100,000,000 – 200,000,000 folks on time and correctly?