
Yup, that's right, not only are the unemployment numbers worse than Obama's economic team predicted after the TARP, but they are worse than their prediction WITHOUT TARP!
Labels: politics
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Here begins your journey into the mind of everybody's favorite asian, and I don't mean Jet Li. What follows is the somewhat inane, mostly irrelevant, and self-important ramblings of a man on the brink of madness. Welcome... to the Chu. -Visit Extraordinary Convergence for political commentary- |
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Labels: politics
Now, in order to make this work, this Consumption Tax... you can't just hand it all to the retailers. This has to be tracked individually. Which means everyone from the moment of birth must have a Social Security Number, or some other National ID card with related number. Everything you do will be monitored, tracked, recorded, and taxed. You buy a carton of eggs and a gallon of milk, that is going to be recorded. You buy a new car or a new gun. That's going to be recorded. The IRS will not go away... they will be up your backside.
Everyone that sells any goods or services become Tax Collection Agents. All those people would have to register with the .Gov or they can't be in business. If they neglect their collection duties, they are in big Federal trouble. This gigantic invasion of privacy is something I find distasteful.
If you put money into savings or if you have paid into social security, when you pull it out to spend it, you will have been double taxed on it.
The tax rate for the "Fairness" is about 30% and the rate calculation is so vague, it's too easy for the government to raise it.
The Fair Tax doesn't do anything to address the fiscal responsibility of the .Gov to manage the money and control the spending... this is like using your Debit Card instead of your Checks... your still spending it... your just transferring that money a different way.
And now for another big reason to avoid the Fair Tax – A whole new economy will spring up almost over night... The Black Market. Organized Crime will be be the regulation there, the Mob, whoever. The Black Market will be able to service you for everything you need... Smuggling will become huge. As a result, ordinary people would easily become Tax Dodging Criminals. Or are you going to tell me that just because the tax is Fair everyone is going to all the sudden become completely and perfectly honest?
FairTax is a pretty much a direct tax on our GDP... 30% on our GDP.
You've heard the phrase that you tax what you want to reduce? Think about that. This would kill us as a nation. Look at how many business out there live for 2 seasons, Christmas and Tax Returns.
Fair Tax would damage our economy like a kick to the nuts. After it was already taken down to its knees.
I couldn't agree more. Going off of the "tax collection agents" argument, an additional point is that any business that has employees already is a tax collection agent, but for payroll taxes! A sales tax would be much easier to administer than payroll. One flat rate, one place to file each month, and that's it.
Also, speaking as someone who files sales tax in multiple states, you are correct. Any business that has to collect sales tax would already have the processes in place. All they would need to do is collect an additional 23% to send to the fed.
By Rob, at 5/16/2009 08:34:00 PM
Labels: politics
Good points. On another note, you might enjoy my YouTube series titled, "Quick Questions For Gun Control Advocates." I ask direct questions and sometimes use a little humor to get my point across.
Here is a link to my playlist. http://www.youtube.com/view_play_list?p=1EF58BC51B8F23CE Feel free to rate, comment and pass along my videos to others.
A pistol in the waistband of sweat pants? What was Plaxico thinking? Probably the same thing his mother was when she named him.

As the political community turned desperate for any clues about the potential running mate of Republican Presidential candidate, Sen. John McCain, R-Ariz., speculation moved toward several dark horse candidates including Alaska Gov. Sarah Palin, the so-called "hockey mom" credited with reforms of her tiny, out-of-the-way state.
Labels: politics
Labels: Fred Thompson, politics
Cool, you're still alive. Picking Palin was the smartest damn thing McCain could have done.
By , at 8/29/2008 05:38:00 PM
Labels: guns
In what ways did Springfield have to change the XD after the M&P? I'd love it if they went full ambidextrous.
I added my thoughts on Springfield's new XD(m) line.
As far as the XD line, they just added the ambi-safety as an option, ambi-mag-release has been there from the beginning, however they haven't done any ambi-slide-lock yet and I haven't heard of any plans to do so.
They went after the M&P in their new XD(m) line with the interchangeable backstraps. If they added an ambi-safety to their XD(m) line then it would be very much like the M&P.
By Chu, at 5/19/2008 09:09:00 AM
Thanks for adding your comments about the XD.
Hmm... If they are wanting to capture the M&P crowd, why not go full ambi like the M&P does?
As for the new safeties, I think they are worthless. The XD already has two external safeties, plus, If you follow the four rules....
Labels: Dayton, Fred Thompson, politics
What's wrong with Ron Paul? Definitely a better choice then Thompson, even if for a protest vote.
By Alex Nagy, at 4/01/2008 08:10:00 PM
^^^ speak up ^^^