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Replace All Federal Taxes on Income with the Fair Tax Act , HR 25

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Texas TX FairTax

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Latest Activity: Jan 29, 2016

Texas FairTax State Leadership

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Path to Prosperity

Started by Robert Williams. Last reply by Robert Williams Mar 29, 2012. 2 Replies

FAIRTAX LEADERSHIP - TEXAS

Started by Robert Williams Mar 22, 2012. 0 Replies

Elected Officials

Started by Pat Conroy. Last reply by alfairtax-Kelley Frederick May 13, 2009. 9 Replies

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Comment by John Gaver on January 22, 2013 at 1:52am

David,

Here is a chart that shows who really pays what amount of the FairTax, based on income level. As you look at this chart, keep in mind that even the desperately poor pay federal income tax, since even the wino, who buys a bottle of MD-20-20, pays the many levels of federal corporate income tax that is embedded in the cost  of that and every other product, from lettuce to jet aircraft, under today's system.

While under the current system, even the poorest of the poor pay embedded income tax in every retail product they buy, this chart represents the total amount of federal taxes paid by those at each spending level, under the FairTax. ONLY under the FairTax to the poor really get a serious break.

Notice that in the first column, it would appear that someone spending at half the poverty level could see a 23% benefit. But that would assume that everything that they buy is used, which is not possible. You can't buy used electricity, used groceries, used rent or get a used haircut. So in reality, the most that anyone might expect to benefit from the FairTax, by living below the poverty line, would be around 8%.

On the flip side, since 50% of taxpayers or about 75% of all Americans earn less than $30K per year, that means that 75% of Americans would pay an effective tax rate of 0%, under the FairTax. But that assumes that conditions remain static. But even many anti-FairTax economists agree that salaries would be forced up, by job competition, under the FairTax and the poverty level would go down. So in all fairness, when you take those conditions into account, only about 50% of Americans would pay a 0% Effective FairTax rate. Many of those poor people would earn so much money that they would start spending more and end up having to pay tax. Of course, they could keep spending at their previous lower levels, if they chose.

That is, after all, another big advantages to the FairTax. The taxpayer gets to choose when he pays tax and how much he pays.

Comment by John Wesley Nobles on January 21, 2013 at 3:57pm

David, you are going to get a lot of  experts like Daniel J. Pilla and many others that would like to see the components of your spread sheet.  There is a component of HR 25 that would likely be changed in debate, but that being said it is the best proposal on the table at this time.  The consensus seems to be a effective rate of around 9% is what you would end up with. Just out of curiosity what detail/s do you take exception with?  Maybe you would like to come on Fair Tax Time Radio for a discussion of your findings.  If so please send me an email; jwnoblles1@verizon.net. 

Comment by David Miller on January 21, 2013 at 2:44pm

I used to be a strong proponent of the fair tax.  However, as usual the devil is in the details.  According to structure of the currently proposed Fair Tax Act of 2013 the only people who will pay lower taxes are those people who can afford to and do save (do not spend ) 40% of their income.  I built a spreadsheet to calculate what families up to 6 people could expect to spend in taxes after their tax prebate is uses up.  And the bottom line from what I have been able to determine based on the way HR25 is written, EVERYONE except those that save at least 20% of their income will pay more taxes under this plan than they currently pay.  Everyone had best be looking at the details on this issue as it just may come back and them in the butt.

Comment by Daniel Dyer on January 20, 2013 at 4:01pm

What if the only tax you pay the federal government

is one you don’t have to calculate or report?

Only the FairTax:

  • treats everyone the same
  • let’s you keep your entire paycheck
  • pays you your taxes if you’re poor
  • doesn’t know whether you’re poor or rich
  • eliminates the IRS and 72,000 pages of tax code
  • costs the government less than 1% to collect
  • brings jobs back to the U.S.

Find out more here.

Comment by John Gaver on May 10, 2012 at 9:27pm

CONFIRMED: I've been asked to bring copies of "The Rich Don't Pay Tax! …Or Do They?" to the TX GOP Convention, in Ft. Worth, to sell at the FairTax booth. A portion of each sale will go to support the FairTax. I'll be there to sign copies, for those who want a signed copy.

If you're going to be there and have already bought a paper copy, bring it along and I'll be glad to sign it.

OTOH, my signature would probably lower the value of the book. 8^)

If you haven't bought it yet and don't want to wait till the convention, it's available in print, Kindle and Nook formats. You can find links on that page to the appropriate 3rd party pages (Amazon, Barnes & Noble, etc.) for each format at:

http://TheRichDontPayTax.com/

But if you want me to sign it at the convention, just remember that I can't sign Kindle and Nook versions. 8^(

They're also trying to get me some time on a local talk radio program, to talk about the book and plug the FairTax, while I'm in Ft. Worth. However, they're not sure yet, if they'll be able to get that part set up.

Be sure to stop by the FairTax booth at the convention. I'll see you there.

Comment by Marv Kuhn on May 10, 2012 at 8:13pm

 

Update on Texas accomplishments and events:

 

Congressman Bill Flores, Dist. 17 , is the newest co-sponsor of HR 25, The FairTax.  This brings the total in Texas to 14 congressmen/women and 1 Senator.

 

Ed Sarlls, District Director, volunteered for a presentation at the 9-12 Association, The Woodlands, TX.  Thanks, Ed, for your spreading the word and your continued support.

 

I have funded FairTax booths for the Texas Republican Convention in Fort Worth, TX,  June 7-9, and the Texas Libertarian Convention, Dallas, TX, also June 7-9.   Volunteers are being recruited and assigned to run the booths.

 

Presently,  making plans to also fund and staff a FairTax booth for  the Texas Democratic Convention, Houston TX, also June 7-9.    Will keep all informed.

 

Go FairTax!

 

Marv Kuhn, State Director, Texas

Americans for Fair Taxation

Comment by John Gaver on May 3, 2012 at 1:01pm

WOW! "The Rich Don't Pay Tax! …Or Do They?" is already selling great on Amazon and elsewhere and the real marketing push hasn't even started, yet. It's on the 1st page of the Amazon results for the search term, "FairTax" and it even beats "The FairTax Book" for the search term "income tax policy" and other terms.

This book is introducing people to the FairTax in a way that has not previously been addressed. The book is available in print, Kindle & Nook formats. It's written by a Texas native, FairTax activist and all around great guy... me. Check it out at http://TheRichDontPayTax.com/

Note: the "Buy" buttons on that site link to external sites like Amazon, for fulfillment. Also, check out the reviews on Amazon - All 5-Stars.

Comment by Robert Williams on March 24, 2012 at 3:41pm

Please add yourselves to the all new MEMBER MAP.

Comment by Robert Williams on November 17, 2011 at 2:28pm

Thanks, Marv. I do have Marty's contact information and I'm friends with him on Facebook. I was just looking for others here who may also be interested.

Comment by Marv Kuhn on November 17, 2011 at 2:16pm

Suggest you contact Marty Evans at fairtax@grandecom.net.  He has been active in the area.

 

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