October 11, 2013
Friday PM

I know what Mr Shipp thinks and believes, because, until I read the fine print, I was fooled too.

Mr Shipp insists, endlessly, that Fairtax simple REPLACES -- he even uses caps -- other taxes. No increase, no problem. Just a very simple tax you pay at time of purchase, I know the great sounding speil.

Mr Shipp seems unaware that in the fine print are OTHER taxes, on top of, in addition to, and paid separately from what he is talking about.
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Mr Shipp thinks you will see the tax on your receipt. For a small part of Fairtax, yes. But by far, the overwhelming percentage of Fairtax has nothing to do with that.

What I am talking about are taxes Mr Shipp never heard of, because you have to read the fine print very carefully, in documents he does not even know exists.

Everything I said, is essentially the same thing President Bush Tax Advisory Panel said in their report, about the massive hidden taxes in Fairtax fine print. How did President Bush Panel find these other taxes?

They read the fine print in the documents Mr Shipp has no clue even exists. Those documents "support" or explain further whats in the legislation, and are official Fairtax documents.

The give, for example, definitions of "consumption" and "expenditure". Without these other official documents, the legislation is meaningless. For example, you could not know what they mean by "consumption" unless you read the supporting document, a very important term as you will see.

So I'm as ill informed as the top tax experts in the Bush Tax Advisory Panel.

Mr Shipp probably believes every word he claims -- he is repeating the books, videos and speeches.

He is apparently under the impression those books videos and speeches matter. They do not. The Bush Tax Panel could care less what the great sounding books videos and speeches said.

This may escape Mr Shipp entirely.

It's the official documents that matter, combined with the legislation itself. For example, when the official documents say they assume all city county and states will take any measure to raise taxes to pay for the wage pension and capital investment tax, THAT is what Im talking about, and what President Bush Tax Panel talked about.


There is no indication in the books, videos and speeches about a Trillion dollar tax increase on city and county level. IT's only in the clever "assumption" in the Fairtax documents Mr SHipp probably never heard of, much less read, much less read very closely.

Furthermore, Mr SHipp is no doubt under the impression Fairtax has "80 top economists" and 22 million dollars of research.

Mr Shipp has no idea that the "economist" Fairtax claims support them DO NOT. I have only found 2 that say yes they support it, and one had no idea what was actually in the legislation, but thought it sounded good.

The other works for Beacon Hill. He is one of the guys writing the clever fine print Im talking about.

I have an email from an "economic professor" who is ashamed she ever signed a letter about a consumption tax, and disavows any association, she realize Fairtax misused her name. They do not just claim she supported them, they call her one of their "economist" giving the impression they have research and support, Nonsense.

But the big example -- the Fairtax Book makes it seem like Dale Jorgenson of Harvard, by name, did the "extensive" research that proved all these things -- in fact, Dr JOrgenson, according to the Fairtax Book, more or less came up with the entire concept of embedded taxes and proved all prices will go down, so any tax wont matter.

Not so much -- interviewed after the Fairtax Book came out, Dr Jorgenson politely refuted that. He did no such research, and he does not support Fairtax or anything like it.

Jorgenson specifically said, adding a sales tax will NOT lower prices, and when you see how Fairtax would actually be 89%, not 23%, you will understand how preposterous the Fairtax hustle really is.

Same disingenuous with their supposed "other" research by "Beacon Hill". Some people believe Beacon Hill is an educational enterprise. It's not, it does public relations.

And, Beacon Hills documents are exactly where you find the other taxes!! It's Beacon Hill documents that say all city county and state taxes will have to go up. (WAY UP.)

It's Beacon Hill documents that President Bush studied, along with the legislation. When Bush Tax Panel exposed the hustle, that is where they got the hustle from, from reading closely the Beacon Hill documents.

Beacon Hill stated things cleverly, but did not outright lie. They "assume" all city county and state taxes will rise. Since when is a 1.5 Trillion dollar tax increase, hidden in a clever assumption, "research"

Assuming trillion dollar tax increases -- hey, that's not research. Thats buffoonery. That's balderdash. That's razzamataz nonsense. But that's in Beacon Hill documents, only it gives no figures, of course. Just the assumption of tax increases to pay for these taxes, which amount to 1.5 trillion

Mr Shipp will never get it, in all respect, until he understands what to actually study. The books videos and speeches are meaningless, in fact, worse, since they are the hustle.

Don't get mad at me, I didnt fool anyone. Im exposing the hustle, get mad at those guys.

Received October 08, 2013 - Published October 11, 2013

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Consumption tax By David Shipp

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