@csgordon@zirk.us @Npars01 @Clackable@tldr.nettime.org @stopgopfox@libretooth.gr @Mastopoet @GreenFire
No.
The FairTax would increase the cash in peoples' pockets, so people who are in debt and are cash poor would end up with more resources to address that problem.
Remember that the FairTax also eliminates the taxes taken out of a person's paycheck, increasing their take home pay.
It would be an immediate boost to stagnant wages, since you bring that up in particular.
@volkris @csgordon @Npars01 @Clackable @stopgopfox @Mastopoet @GreenFire Smoke and mirrors. "unFairTax" just makes it seem like everyone gets a raise without the moneyed class having to actually pay more for their labor. Consumption tax screws middle/lower classes because basic consumption is a much higher percentage of their income than it is for the wealthy, which is the entire point for proponents of flat and/or consumption taxes.
@dkbgeek @csgordon@zirk.us @Npars01 @Clackable@tldr.nettime.org @stopgopfox@libretooth.gr @Mastopoet @GreenFire
You would have a point except that proponents of the FairTax acknowledge and then address that issue very very very emphatically by transferring money to those people to make sure this is not impact them!
This is a core element of the proposal.
@dkbgeek @volkris @csgordon @Clackable @stopgopfox @Mastopoet @GreenFire
When a tax has Huckabee as its advocate, you just know it's an attack on the poor.
https://www.taxpolicycenter.org/taxvox/trouble-fairtax
https://www.thebalancemoney.com/what-is-the-fair-tax-plan-pros-cons-effect-3305765
https://www.econlib.org/archives/2008/01/why_the_fair_ta.html
https://itep.org/fair-tax-plan-would-abolish-irs-shift-federal-taxes-from-wealthy/
https://en.m.wikipedia.org/wiki/Predicted_effects_of_the_FairTax
@Npars01 @dkbgeek @volkris@qoto.org @csgordon @Clackable @stopgopfox @GreenFire
I have not reported anyone since Christmas Day when
I got a nasty warning from a previous instance telling me to stop reporting people. But I feel that guy is a misinformation artist.
Before I blocked him, he became my first report of 2023
@Mastopoet @dkbgeek @csgordon @Clackable @stopgopfox @GreenFire
I suspect you are correct.
Even Republicans say the Fair Tax proposal is unworkable.
https://www.washingtonpost.com/opinions/2023/01/23/biden-tax-gop-sales-tax/
That's a nice conspiracy theory you have there.
@volkris The unFairTax has always been a scam. That's why unserious scammers like Mike Huckster-bee love it. Lots of the lowest-income people don't have a fixed address and/or don't understand what's at stake aren't going to do the paperwork and get the "prebate" because it's not some automatic thing. The expectation is that people have to register for that every year, as the scam is described. It's funny the Cons don't see that prebate money as Universal Basic Income...
@volkris @dkbgeek @csgordon @Npars01 @Clackable @stopgopfox @GreenFire
False information and I bet you know it.
@volkris @csgordon @Npars01 @Clackable @stopgopfox @Mastopoet @GreenFire smoke and mirrors. They know it'll be an onerous bureaucratic process lots of low-income people won't go through, and for unhoused ppl it'll be impossible. By design. They are transferring the burden heavily to the middle class and lots will also fall upon the poorest. Consumption and "flat" taxes are hugely regressive.