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Scrap the income tax! [message #149867]

Sat, 16 April 2005 21:17

Hydra
Messages: 827
Registered: September 2003
Location: Atlanta, GA

Karma:

Colonel

gbull

wouldnt an increase of sales tax cause a decrease in sales nationwide? Thus lowering the number of sales. Now if sales are lowered, companies are not going to want to lose money so the price of goods will rise to compensate for the loss as the demand for them falls. This doesnt look as if it would work on any scheme I look at it and could collapse the economy into a modern depression. Not something i wanna deal with, i'll just pay my income tax.

Hydra

Every product you buy right now has an embedded tax in the price of the product, resulting from the income taxes placed on businesses, taxes such as payroll taxes and corporate income taxes. With the FairTax plan, those taxes would be completely eliminated, so the overall price of the product would go down.

How would it cause a decrease in sales? If anything, sales would increase because people would have more money to spend on goods that are basically the same price, if not a little (to substantially) cheaper.

Walter Keith Koester: September 22, 1962 - March 15, 2005
God be with you, Uncle Wally.

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[Message index]

		Scrap the income tax! By: Hydra on Wed, 25 August 2004 16:33
		Scrap the income tax! By: Crimson on Wed, 25 August 2004 16:46
		Scrap the income tax! By: SuperFlyingEngi on Wed, 25 August 2004 17:04
		Scrap the income tax! By: Hydra on Wed, 25 August 2004 17:28
		Scrap the income tax! By: SuperFlyingEngi on Wed, 25 August 2004 17:36
		Scrap the income tax! By: Hydra on Wed, 25 August 2004 17:45
		Scrap the income tax! By: SuperFlyingEngi on Wed, 25 August 2004 17:47
		Scrap the income tax! By: Hydra on Wed, 25 August 2004 17:58
		Scrap the income tax! By: SuperFlyingEngi on Wed, 25 August 2004 18:04
		Scrap the income tax! By: NukeIt15 on Wed, 25 August 2004 18:53
		Scrap the income tax! By: Hydra on Wed, 25 August 2004 19:35
		Scrap the income tax! By: NHJ BV on Thu, 26 August 2004 03:26
		Scrap the income tax! By: ViperFUD on Thu, 26 August 2004 04:51
		Scrap the income tax! By: Hydra on Sat, 16 April 2005 20:31
		Scrap the income tax! By: Jecht on Sat, 16 April 2005 21:02
		Scrap the income tax! By: msgtpain on Sat, 16 April 2005 21:09
		Scrap the income tax! By: Hydra on Sat, 16 April 2005 21:17
		Scrap the income tax! By: IRON FART on Sat, 16 April 2005 23:01
		Scrap the income tax! By: Doitle on Sat, 16 April 2005 23:01
		Scrap the income tax! By: cheesesoda on Sat, 16 April 2005 23:12
		Scrap the income tax! By: Jecht on Sun, 17 April 2005 09:48
		Scrap the income tax! By: Crimson on Sun, 17 April 2005 14:53
		Scrap the income tax! By: IRON FART on Sun, 17 April 2005 15:31
		Scrap the income tax! By: msgtpain on Sun, 17 April 2005 15:53
		Scrap the income tax! By: Hydra on Sun, 17 April 2005 19:27
		Scrap the income tax! By: Crimson on Sun, 17 April 2005 20:17
		Scrap the income tax! By: IRON FART on Sun, 17 April 2005 21:17
		Scrap the income tax! By: msgtpain on Sun, 17 April 2005 22:36
		Scrap the income tax! By: Crimson on Sun, 17 April 2005 23:19
		Scrap the income tax! By: Fabian on Tue, 19 April 2005 05:56
		Scrap the income tax! By: MrBob on Tue, 19 April 2005 07:23
		Scrap the income tax! By: Jecht on Tue, 19 April 2005 07:40
		Scrap the income tax! By: IRON FART on Tue, 19 April 2005 16:59
		Scrap the income tax! By: Hydra on Wed, 20 April 2005 07:23
		Scrap the income tax! By: SuperFlyingEngi on Wed, 20 April 2005 14:04
		Scrap the income tax! By: Jecht on Wed, 20 April 2005 14:25
		Scrap the income tax! By: Crimson on Wed, 20 April 2005 15:36
		Scrap the income tax! By: SuperFlyingEngi on Wed, 20 April 2005 16:16
		Scrap the income tax! By: Hydra on Wed, 20 April 2005 17:16
		Scrap the income tax! By: SuperFlyingEngi on Wed, 20 April 2005 18:18
		Scrap the income tax! By: cheesesoda on Wed, 20 April 2005 18:32
		Scrap the income tax! By: msgtpain on Wed, 20 April 2005 18:38
		Scrap the income tax! By: Crimson on Wed, 20 April 2005 21:47
		Scrap the income tax! By: IRON FART on Thu, 21 April 2005 15:23
		Scrap the income tax! By: Jecht on Thu, 21 April 2005 17:39
		Scrap the income tax! By: Deathgod on Fri, 22 April 2005 15:12
		Scrap the income tax! By: Crimson on Fri, 22 April 2005 19:14
		Scrap the income tax! By: Deathgod on Fri, 22 April 2005 19:33
		Scrap the income tax! By: MrBob on Sun, 24 April 2005 13:20
		Scrap the income tax! By: msgtpain on Sun, 24 April 2005 14:49
		Scrap the income tax! By: warranto on Sun, 24 April 2005 14:56
		Scrap the income tax! By: Crimson on Sun, 24 April 2005 16:47
		Scrap the income tax! By: MrBob on Sun, 24 April 2005 17:34
		Scrap the income tax! By: Hydra on Sun, 24 April 2005 18:28
		Scrap the income tax! By: msgtpain on Sun, 24 April 2005 19:53
		Scrap the income tax! By: Doitle on Mon, 25 April 2005 05:17
		Scrap the income tax! By: Deathgod on Mon, 25 April 2005 16:32
		Scrap the income tax! By: Sir Phoenixx on Mon, 25 April 2005 19:59
		Scrap the income tax! By: msgtpain on Mon, 25 April 2005 20:34
		Scrap the income tax! By: Oblivion165 on Mon, 25 April 2005 22:30
		Scrap the income tax! By: Deathgod on Tue, 26 April 2005 15:59

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