Nunnelee Talks Fair Tax
I briefly spoke with Alan Nunnelee this morning, and the conversation centered around taxes, which seems to be the issue of the day on the campaign trail. We specifically talked a little about the Fair Tax which the Travis Childers campaign thinks is a winning issue for them.
As you have seen on the blog both the Childers camp and the DCCC have been running ads saying something to the effect that Nunnelee supports a 23 percent sales tax on everything. To simply make that statement is disingenuous on the part of Childers and the DCCC- and they most likely know it.
Here is what the Fair Tax would do: “It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.”
To read more about the bill, visit this website.
Nunnelee also took objection to the way those two camps were centering the issue, and leaving out the key elements of the bill labeling it ‘unfair.’
When I asked Nunnelee about whether he supports this tax plan, he did not commit or reject it saying he wants to see changes at the federal level that accomplishes these goals: 1) it lowers everyone’s taxes 2) it is simpler than the current system and 3) it is more transparent.
Nunnelee said the Fair Tax may accomplish that goal, although he did have questions about it regarding large purchases such as a house or a car.
Travis is desperate!!!
yeah! cause we all wanna pay $20 in taxes every time we go buy a few groceries.
insane.
Do you even bother to read what exactly the Fair Tax is?
i’m familiar with it. it being the republican fringe’s idea of tax reform, and one of the more regressive and unfair ones out there. cheers.
Brett should have asked if you would be honest and answer the question too. The FairTax is not regressive (look up the prebate and current regressive payroll taxes that would be gone) and would be the best thing that could happen to the poor – and the lack of jobs for them.
Millions in research and over 75 economists’ endorsements go against your wrong opinion.
Please don’t defend the tax system we have now that costs us $300 BILLION each year to try to figure out and millions of man hours.
23% Fair Tax would be a lot less than the total of the taxes we pay today. Hidden bonus- people who have income from illegal practices will pay tax as well, hence the name Fair Tax.
They are calling this a Fair Tax , but it’s nothing new. It was known as a consumption tax many years ago! They just shined it up a bit, put a new name on it, in hopes of helping make the public think this was some grand new strategy for saving the economic woes we are faced with today.
I am not saying it would be a bad thing just that it will require a lot of restructuring to put it into place, and that is what the public would have worries about . Mostly they are worried “How will this affect Me?”
The Republicans are well on their way to becoming the third party. I just wish the Republican party would stop sticking their finger in the eye of the Conservatives. If the Republicans were not so stupid, then the democrates would have never taken over the government. Run away from this issue, before the republicans become the third party. The longer these election last, the more likly I am to not vote for the republican. Do not forget We the People, voted The republicans out and they can not win with out the Conservatives.
The less the republicans support the Tea Party Patriots that won the primary, the less likly I am to support any republican.
I want Alan Nunnelee to have an actual response – IS HE FOR or AGAINST the Fair Tax? He has not given an answer yet and I want to know where he stands on the issue! It is too late in the game for him to be playing both sides….
My fellow Missippians: Please relax and calm down. Some of us act like Nunnelee is going to don the green eyeshades and open the books on the application of the “fair tax”. If you were to follow his record, you would find that this lib fairy tale is just that. The article written by Brett is making the point that Nunnelee has only looked at it as a matter of study. As adults who have lived for sometime we would all concede that you can learn something from anyone however “good” or “bad” the merits are. Mr Nunnelee’s focus(as should be ours) is what is being currently done by our government as to the abuses of our taxes and the ever-increasing confiscatory application of the existing tax code.
We also must focus on the fact that our economy can not sustain the ill-effects across all socio-economic groups of failing to extend the “Bush tax cuts”. The lib-dems are desperate. Do not fall for any distractions. We need to be behind Mr. Nunnelee 100%. We are in a fight for the very soul of our nation and the battle lines are drawn in each and every congressional district. While I do not pretend that Mr. Nunnelee is perfect, we must fully realize that the other choice will surely spell economic doom for us all. For you I express my recent quote:”The economy is the ultimate truth detector.” Remember November!
This country has been indoctrinated into thinking that the Income Tax system is the way to fund the government.
But the Income Tax system is a corrupt mess and only gets worse as time goes on.
Eventually the whole Income Tax system is going to collapse on itself as it gets larger and larger, more paper intensive, more confusing and mind numbing.
If you add in the fact that the Income Tax code itself is close to 70,000 pages long plus the hundreds and hundreds of thousands of pages that make up Income Tax Revenue Rulings, Private Letter Rulings, Tax Memorandums, Tax Publications and Tax Court cases, you can see that the whole system has turned into a complicated and unintelligible mess.
The Income Tax system is also extremely inefficient.
That’s why there has been and always will be a “tax gap”.
Plus the Income Tax code is NOT always progressive for extremely wealthy individuals and corporations.
That is because of all the Income Tax credits, deductions and loopholes that is written into the code itself.
Extremely wealthy individuals are able to zero out their extremely high taxable income by taking advantage of these credits, deductions and loopholes because of this “system”.
Finally, according to President Obama’s tax commission, citizens of this country pay close to 140 BILLION DOLLARS in tax preparation fees on a yearly basis.
They also spend over 7 BILLION HOURS in Income Tax record keeping on a yearly basis.
And on top of all this, Treasury Secretary Geithner (who is in charge of the Income Tax) and Congressman Rangel (who writes Income Tax policy) both don’t know how to correctly fill out their own Income Tax return.
So when those who write Income Tax law and those who are in charge of administering Income Tax policy don’t know how to correctly fill out their own Income Tax return, what hope is there for the rest of us?
So this country has a choice to have an open honest debate on what to do about the current tax system.
That means no more lies about how various candidates want to add a 23 % sales tax and then forget to mention that they also want to abolish all income taxes and payroll taxes,
And then also forget to mention that in various surveys of foreign companies, 80% of them would build their next factory in the United States if the Income Tax system was abolished and another 20% of them would would relocate their whole company back here entirely.
That means jobs and manufacturing coming back to the United States. .
So any candidate that LIES about the Fair Tax is then supportive of the current and corrupt Income Tax system that does NOT work.
That in itself tells you something about that particular candidate.
The companies will not come back to the United States until several things are done. One lawsuit reform must be completed. Two, universal healthcare so they no longer have to provide insurance. Three, government regulations on pollution is lifted. Four, working mans wage is decreased. Last but not least the international corperations would love to have no taxes to pay. It seems like we the people should stop buying from these international corperations and support our local small businesses.
Make Mine Mississippi…