Tabacco invites Neal Boortz, Bill O'Reilly, Ann Coulter, AMERICANS FOR FAIR TAXATION & other prominent QuasiCons to debate relative merits of the "FairTax" vis-à-vis the present Graduated Income Tax. This is an OPEN CHALLENGE TO THE RIGHT!

In last hours of GOP control, Congress passed raft of bills big & small, most significantly a sweeping bill reviving expired tax breaks, extending trade benefits for developing countries & protecting doctors from big cut in Medicare payments.

"False Motive" defined: an ostensible justification, usually involving some moral pontification, for a disingenuous practice or proposal, which has nefarious and selfish but unstated actual reasons.

Morphh “Due to the rebate checks, the tax burden would not necessarily shift from the wealthy to the less wealthy..At some point, the wealthy have to spend that savings and will be tax at that point in the future.” - Tabacco responds!

Balance of Trade, Consumer Price Index, Correlation, Exchange Rate, Fair Tax, Free Trade, Genuine Progress Indicator (GPI), Gold Standard, Indicators, Keynesian Economics, Privatization, Progressive/Regressive Tax

Tabacco invites Neal Boortz, Bill O'Reilly, Ann Coulter, AMERICANS FOR FAIR TAXATION & other prominent QuasiCons to debate relative merits of the "FairTax" vis-à-vis the present Graduated Income Tax. This is an OPEN CHALLENGE TO THE RIGHT!

AMT/Alternative minimum tax hits middle class in wallet..Most of the pain will be borne by people earning between $100,000 and $200,000, with children, mortgages and high local taxes. Figuring AMT - table below shows a basic AMT calculation

"Top 1% of taxpayers pay a WHOPPING 34% of all taxes while making only 17% of all income”.. Tabacco: So they make 17 times more than their population percentage, and they pay taxes 2 times more than their income percentage - why complain?

Hundiejo wrote following comment: Dave is of the opinion that the National Sales Tax plan dubbed "The FairTax" is regressive and unrealistic, hard on the poor and middle classes, is a huge tax break to the upper class..I have to disagree.

After falling for two years, the share of income going to the richest slice of Americans - the top tenth of 1 percent - grew significantly in 2003 while the share going to 99 percent of Americans fell, tax data released yesterday showed.

Gazalim Article: "FAIR TAX, ARE WE READY FOR IT?" I, of course, have assumed that Gazalim is rich? But he must be! After all, he will make out like a bandit if he is; and a National Sales Tax or “Fair Tax” will decimate an “Average Joe”.