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Libertarian Tax Plan. FairTax. IRS IS GONE!

The FairTax plan wasn't written by Libertarians but the Libertarian Party is the only party wanting to implement it. Over 150 congressmen and women (non-libertarins) have voted for it already.




The FairTax is a proposal to reform the federal tax code of the United States. It would replace all federal income taxes (including the alternative minimum tax, corporate income taxes, and capital gains taxes), payroll taxes (including Social Security and Medicare taxes)


Added: 5 days ago 
By: The World is a Vampire
In:
Politics, Citizen Journalism
Tags: libertarian, tax, plan, gary, johnson, coke. analogy
Views: 935 | Comments: 79 | Votes: 2 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 3
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  • He is 100% right. I have been advocating this for a long time, but people just don't get it. Most people claim to want a flat income tax not realizing how much better this would be in every way.

    Don't want to pay it? Buy used shit
    Want to soak the rich? This will do it.

    There is no escaping it, yet it's completely voluntary.

    It's perfect!

    It also tells the gov that you are not a slave that they own a % of your production.

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  • Multi millionaires never pay tax, they make large real estate deals which, on paper, lose money. They write off the losses against their income and voila, no more taxes.
    They still own the property of course, and when the IRS comes knocking, they sell off the real estate at a loss and use the loss against what they owe. Then they cry poor.

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  • The only way we're going to get tax reform is through revolution.

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  • I bet if you asked Gary Johnson what Aleppo is today or where it is he still wouldn't know. I bet he thinks it's an off brand of dog food. Aleppo puppy chow.

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  • A fair-er tax would be to divide the budget by 350+ million people and make everyone pay the same amount.

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    • @BillyBullyBalls The same percent... not everyone makes the same amount.

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    • @xerodfx 
      Yet everyone gets the same protections and services. I'd be open to allowing the poorest people do community service rather than pay cash though.

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    • @BillyBullyBalls 

      Yep. Unfortunately, the democrats see it as a percentage, which is ridiculous. The people who apply themselves and earn money pay for the low lives who waste their lives away contributing nothing, but are still the same burden on society, or likely more.

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    • @BillyBullyBalls @aboy Yes... one percentage rate for everyone. You make 250k you pay 15%, you make 30k you pay 15%... no one fucking rides for free and the percentage is equal across the board. It's the only way to balance the books.

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    • @xerodfx 
      So $1 million dollar salary means $150,000 in taxes and 30K salary means $4,500 in taxes. Is the millionaire receiving $145,500 more in services from the government? Why should he pay extra?

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  • Libertarian tax plan is the abolishment of central government and whomever owns the land can tax you whatever he wants... If you follow Libertarian philosophy to its conclusion, we'd live under a feudal system and there would be constant war and poverty..

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  • The IRS being torn down would be a glorious day indeed!!

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    • @WildAlpha It's not like they enable the government and all social services to function or anything.

      They serve a purpose.

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    • @Hannarr Government serves very little purpose. Putting them in charge of upholding the law and military training/equipping should be the limit of their responsibilities. They end up destroying things they try to "fix".

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  • Gary is an idiot. Did anyone see his primary run? Nuff said.

    Too many Christofascist in the Libertarian movement for it to be about liberty. Mostly, it is just selfish, parasitic tax whiners living in fear of the IRS for good reason, because the don't pay their fair share.

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    • @RAMJ Only liberals claim that people have to pay their "fair share". There is nothing fair about that you harder you work that more lazy people benefit from your work.

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    • @WorschtSopp 

      Paid up on your taxes or looking over your shoulder?

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    • @RAMJ Based on two times hard core socialism in my country in 100 years and the actual socialism that the american socialist dreaming of right now in my country. It's fucking hell and everybody is suffering. Read a fucking history book or just watch at german news how my country just got destroyed from the "everybody has to pay his fair share" people.

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  • We have a consumption tax in Australia. We still pay income tax. Beware...

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    • @Yeah Brah We had a Prime Minister that implement a Harmonized Sales Tax for a temporary period for whatever. Just one sales tax. Now we pay a Provincial sales tax and the wonderful new Harmonized sales tax.
      It was just supposed to be the one tax.

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    • @Agathe 

      Surprise!

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    • @Yeah Brah Yep, all the time. Say one thing do another.
      Our Premier thought it would be a great idea to sell off our hydro company to save us money, our electricity bills have almost tripled. She never considered how a private company would have to actually make money by raising prices.

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  • https://youtu.be/p29jRMHP3G0

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  • Keynesian vs Austrian economics will always be a fucking back and forth. Both can work, depending which type of time frame you are looking at.

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  • LOL what a joke this cunt is. Get stepped on pussy.
    -

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  • Read a little into this shit and it seems like its been designed to heavily benefit women. People with children get a monthly tax rebate. The more children they have the bigger their rebate. Seeing how women are awarded custody 90% of the time this system will basically act as thousands of dollars a year in the pockets of women + encourage women to have more children and divorce seeing how this system awards single parents the same as married couples....lol Its basically specifically designed to More..

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  • how do we transition from one tax system to anopther without double taxing the existing money.

    Thus the reason noting is going to change anytime soon.

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    • @TEX It would transition at the end of one financial year, with all subsequent taxable items taxed under the new system. it's been done many times before.

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    • @Hannarr 

      what about the moneys in trust, holdings, which have already been taxed or are subject to taxation on the current system when withdrawn.

      I got this answer form a senior Tax collector.. who spoke way beyond my ability to understand how deep it goes.

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    • @TEX Accounting for all taxable assets is done on a financial year basis. all gains before the cutoff date would be taxed under the old system, everything after under the new system.

      Problems would arise from people's declarations on taxable assets rather than from the tax system itself. if everyone where honest about their earnings and financial gains there would be no problems.

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  • What is a leppo?

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  • If it is cost neutral - why bother. ^^

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  • I've yet to talk to another taxpayer who isn't willing to try the fair tax/flat tax.
    Establishment politicians... enemy of the working man.

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    • Taxes are at or near historical lows for the past 100 years. Interest rates are under 4% for someone with good credit. If you boys can't cut it in this environment, you might just be economically unviable and a tax whiner who cheats and wants to make the IRS go away (Libertarian).

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    • @RAMJ I've noticed that a lot of Americans feel they are at war with their govt over taxes.
      I don't think they are getting a good return for their money. Highest taxes in the western world, with no universal health care, failing infrastructure, and disappearing middle class. Where the fuck is all the money going?

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    • @Agathe 

      Feelings and reality are two different things. Stupids are easily manipulated. The reality of what I said above stands. Highest taxes? You want to live in a Cadillac country? You gotta pay Cadillac taxes. You like your trillion dollar military, cruise missiles, aircraft carriers, nuclear submarines all over the globe and robust police state? It costs a fuckload of money. You want to keep electing parasitic conservative and liberal corporate whore morons into Congress? That costs a b More..

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  • National sales tax with no exemptions. The more you spend, the more you pay; the more you save, the less you pay.

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  • This is a very old podcast. Good one but not even close to news. :)

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  • Where we get to a problem with the flat ax scheme is taxing people who are spending every last penny they have (the working poor) and it is still not enough to survive. There are many millions of people like this, but Taxdodgatarians don't give a fuck about these people, either out of malice, ignorance or sheer stupidity.

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  • Well if he had spoken more about this kind of thing and done less clowning around perhaps he would have been a viable alternative but how loony did this guy look toward the end that Trump ended up winning? Arguably more loony than Hillary looked criminal.



    I'm not saying he doesn't make legitimate points. But between performances like that and Rogan's well argued points that he'd be running up against massive status quo opposition, in the end I think Americans More..

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