
QUESTION: FAIRTAX GETS RID OF ALL CORPORATE TAXES -- SO WHY DO CORPORATIONS LAUGH AT IT?
ANSWER: BECUASE FAIRTAX IS PURE BULLSHIT.
Businesses can't be taxed -- Fairtax says -- because they will just pass on the cost of those taxes to people.
Fine -- I buy that.
But hidden in their fine print, Fairtax is based on the GOVERNMENT paying massive taxes. How the @!$*- can government pay the taxes?
Page 148, The Fairtax Book, "The federal government itself will become a MAJOR taxpayer."
Pages 138-142 The Fairtax Answer Book -- all cities and states will be major taxpayers too.
The federal government CAN NOT POSSIBLY pay itself a tax. If you tax the military 30 billion in sales taxes, for example, the US Treasury has to pay that OUT. So it's not getting anything IN. It's preposterous nonsense -- and Fairtax knows this.
Fairtax has to pretend to tax the government to make their BS "work" on paper.
Fairtax supporters have an excuse. They say government employees pay FICA now -- so "what's the problem?"
It does not matter one iota if there is FICA now. The federal government writing itself checks for massive sales tax is bullshit, FICA or not.
Fairtax supposedly is "the most researched economic plan in American history". Some research. It's total bullshit, from start to finish.
In fact, they have NO research at all - each "research" paper starts with the assumption it works like magic -- and then tells you all the great things that come from the magic.
For example their "research" explains all about how great it will be when the USA is once again an economic powerhouse -- with our businesses the envy of the world from having no taxes.
In 13 years no major corporation has come out AT ALL for Fairtax. Why not?
Corporations would LOVE not to pay taxes. And if Fairtax had ANY research which indicated their plan would work -- at all -- corporations would flock to it, support it, insist Congress consider it.
But none of that is happening -- because Corporations know FT is pure bullshit.
Corporations were NEVER fooled by this silliness. Not for a minute. They know that the government can't create income to itself by pretending to tax itself.
Sure - a national sales tax would work fine -- and we could exempt corporations from all taxation. But it would be over 60%, not the 23% Fairtax claims.
Why would Fairtax claim to tax the government, and then hide that in their fine print?
Well, they HAD to pretend to tax the government so that ON PAPER they could claim they brought in enough revenue.
But they also had to hide this in the fine print. If cities and states knew that Fairtax would create this massive new tax -- Fairtax would be laughed off the national stage.
Fairtax has not told one mayor, not one governor, not one state legislature about this massive new tax.
Fairtax claims its "transparent, honest, open" but hides this massive new tax.
This is how you can tell that Fairtax leaders know it's pure bullshit -- cause they deliberately hide the biggest source of revenue -- this nonsensical tax on government. If Fairtax really believed they could tax every city and state, and tax the federal government, they wouldn't hide this nonsense. They would be candid about it.
It's impossible for the federal government to pay itself taxes, but theoretically, cities and states could pay them.
If Fairtax is transparent --- why doesnt ANY state, or city, or government entity, knows that Fairtax is planning a huge new tax on them?
Fairtax is avoiding all hearings under oath, precisely because of this nonsense. LIsten to any of the dwindling number of Fairtax speeches -- YouTube has a few of these "True Believers." Not one mentions a word about this massive new tax on cities and states.
The True Believers don't know any better -- lets cut them some slack. Fairtax hid it from them too -- you have to read the books line by line to notice this huge new tax.
But True Believers never mention this new tax. Fairtax never mentions it.
Apparently Fairtax has an office SOMEWHERE, although they seem to keep it a secrty. They also claimed to have 600,000 volunteers, and predicted 6 million volunteers by 2002.
I doubt if there are six people actively supporting and working Fairtax -- and most of them seem like brainwashed moonies who have no idea themselves what Fairtax is -- a farce.
IF Fairtax were on the level -- they would have offices -- they would have places for their 600,000 volunteers to meet. Because Fairtax is deceptive to its core -- they find it easy to distort everything about the plan.
Maybe you can see why Fairtax avoids hearings under oath.
Do they think they can pass this nonsense -- then tell the cities and states to pay up? Do they seriously think the cities and states will start to write them checks for over a trillion dollars?
Fairtx leaders know their own plan is bullshit.They know they don't have 600,000 volunteers, they know they wouldn't dare try to tell every city and state they have to pay massive new taxes, they know the whole thing is bullshit.
Its a shame they are fooling the few well meaning supporters.





