@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 @Clackable @stopgopfox @Mastopoet @GreenFire
A sales tax would *not* boost stagnant wages. A sales tax system deepens indebtedness.
Payroll taxes pay for social security & unemployment insurance.
Eliminating the income tax collection system eliminates the funding for these programs. Which is the point.
Republican billionaire donors want to eliminate the entire social safety net, including social security and Medicare.
@Npars01 @volkris @csgordon @Clackable @stopgopfox @GreenFire
exactly, the "fair tax" is a libertarian way to protect the rich from paying their fair share for supporting the society that allows them to make the money they make.
@Mastopoet @Npars01 @csgordon@zirk.us @Clackable@tldr.nettime.org @stopgopfox@libretooth.gr @GreenFire
What in the world?
The FairTax is specifically designed to take from the rich and give to the less well off! It's specifically has elements of the plan to make sure what you describe doesn't happen!
@Mastopoet @volkris @csgordon @Clackable @stopgopfox @GreenFire
The likes of Huckabee are proponents of the 30% sales tax. That tells you all you need to know.
It's a "tax the poor" form of taxation.
@Mastopoet @volkris @csgordon @Clackable @stopgopfox @GreenFire
One of the "Backwards & Upside-down" media narratives adopted by the uber-rich is:
1. "Your work is overpaid, you should be grateful to even have a job" as seen in Chris Hohn's TCI Hedge Fund missives to Google demanding 20% mass layoffs.
This is a man who took home $1.5 million dollars a day.
2. There's a "labor shortage" when it's really people refusing to work in unsafe conditions that risks killing them or their family.
@Npars01 @Mastopoet @volkris @csgordon @Clackable @stopgopfox @GreenFire a 30% sales tax intsead of taxing the wealthy & corporations will crash the global economy. But that’s what they want - chaos & collapse.
@TransitBiker @Npars01 @Mastopoet @csgordon@zirk.us @Clackable@tldr.nettime.org @stopgopfox@libretooth.gr @GreenFire
It's a 30% sales tax that applies to the wealthy (who buy expensive things, mind) instead of taxing the working class, leaving the working class with more money to buy things.
The global economy will be fine.
@Npars01 @Mastopoet @csgordon@zirk.us @Clackable@tldr.nettime.org @stopgopfox@libretooth.gr @GreenFire
The FairTax proposal would directly send checks to the poor.
@Mastopoet @volkris @csgordon @Clackable @stopgopfox @GreenFire
Libertarian & Republican media practices to reframe a narrative is: "Backwards & Upside Down"
We don't have an attack on the civil rights of women, we have a "pro-life" movement.
We don't have tax evasion by the rich, we have poor people exploiting their poverty as seen in Reagan's "Welfare Queen" speeches.
We don't have gun violence fostered by a Russian-funded NRA, we have a mental health crisis.
We don't have an...
1/2
2/2...
... anti-democracy movement funded by Putin & MBS, we have anti-wokeness.
We don't have voter suppression, we have a voter ID problem.
We don't have a seditious conspiracy to overturn an election, we have Capitol tourists.
We don't have income inequality, we have an inadequate income tax system.
@volkris @Npars01 @csgordon @Clackable @stopgopfox @GreenFire
It is designed as a rich man’s scam, either you know and are a shill or you should know it and are just ignorant. Look who is behind it.