Quote:
Originally Posted by djplong
Just for the record, from the beginning, I have been against 'the mandate'.
By the same token, I've yet to see a plan that addresses the real problem of health care in this country - the fact that we pay MORE THAN TWICE AS MUCH PER CAPITA than any other country and yet so many are uncovered and undercovered.
My position is that, as much as I don't like it, *if* you're going to have national health care or a hybrid plan with a public option or WHATEVER - the ONLY way you're going to be able to pay for it, from a Constitutional standpoint, is a national sales tax.
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This is exactly why the current tax code being demolished and replaced with a flat tax or FairTax system is being promoted and has been for a long time.
Uneven and unfair--even discriminatory--
taxation is a big reason nobody can fix healthcare
financing.
It's not right that people who work legally and pay their income and payroll taxes carry the load for those who are working here illegally, who refuse to work, or who are working for cash under the table. In all three of these groups,
all are consuming healthcare without paying into the healthcare finance system.
A national (
consumption) sales tax is the way to address this.....but only if the current federal income tax and payroll taxes are wiped out completely by law and replaced with the sales tax.
That's why Cain's 9-9-9 idea is a good one to start with, having the FairTax as the goal in Phase 2.
"The Fair Tax rewards and encourages economic success and is progressive. It eliminates all federal personal and corporate and payroll taxes; it replaces that with a revenue neutral consumption tax on only new products and services. Rebates are provided to low-income earners.
The zero percent corporate tax rate will position the U.S. as an entrepreneurial haven for domestic and foreign investors. More jobs will be created in the U.S. as a result. Furthermore, the Fair Tax eliminates the IRS along with a $430 billion annual burden or almost 3 percent of our economy. Technology is in place for tax collection at point of sales. How much of the $430 billion (total cost of the IRS, plus compliance) contributes to economic growth? Likely none."
"But instead of paying a federal income and payroll tax, people would pay what amounts to 23 percent federal sales tax. That would translate into a paying a 30 percent sales tax at the store.
In return, there would be no federal tax on buying used items, including houses and cars.
“A used house, a used car, a used anything is only taxed once,” he said.
Every household would receive what’s called a prebate, to insure families earning less than the poverty line can offset the tax. For example, a family of four earning $29,140 would get a $565 prebate a month."
http://www.fairtax.org/site/PageServ...e=news_current