Fairtax "calculator" is slick.... it will seem to be very thorough.
Thorough until you realize- - there is no place to enter anything about your taxable consumption. So if it's proof of anything, it's proof of their hustle.  Years ago, their link to the "calculator" was on every Fairtax page. Then it was exposed -- and they took that link down. I will redo this later, using the current calculator fraud. But the fraud, the hustle, is exactly the same. This will not look exactly like the current one, as I said, but it's the same and I will change over to show that later this week. They have had four or five different "calculators" using the same hustle. Always the same hustle.... that is never allowing you to put in your taxable consumption. _______________________________________________ But don't feel bad -- on the surface, Fairtax itself looks wonderful, just like this calculator looked wonderful, For Fairtax itself, the slogans and claims of research seemed wonderful. HERE IS A LINK TO OVERALL HUSTLE But then take another look -- for Fairtax, look at their fine print and goofy math equations. For the calculator -- look at what information they actively prevent you from entering-- your taxable consumption.It is literally impossible, not just difficult, to enter your taxable consumption. No place for your retail purchases, your rent, you health expenditures. No place to enter college dorm most (taxable) or utilities, or food. No place to enter anything -- anything -- that matters. Clever-- and audacious. ______________________________________________________ WHAT HAPPENS IF THEY LET YOU ENTER YOUR RENT If they let you enter rent, for example, you would know rent is taxed. Their calculator not only has no step, no way to enter rent, you can not enter anything that matters! You can't enter cancer care costs. Or heart surgery. Or enter anything at all about any expenditures, health care, food, rent. etc. etc. Nothing. You are not allowed to put in the very things that are taxed!? Only -- only questions they ask are about things that are NOT taxed. Used goods. Tuition. They ask your mortgage, but that's not taxed. Systematically -- deliberately --- their "calculator" does not dare allow you to put in anything whatsoever that matters. So, all your expenditures that would be taxed, you can't put in. Health costs, or vacation expenses, or home repairs, or food, any of 10000000 things-- you can not possibly enter any of those into the "calculator". BUT YOU OWE MUCH MORE If that's not bad enough, the big fraud of fairtax is the massive OTHER taxes- - on top of retail sales taxes. They have massive other "consumption" they tax, and they don't let you enter that either. For that part of the hustle, you'd need to know the overall hustle. Here is that link, same as above, for the overall hustle. That shows you their massive goofy "other" consumption you are taxed for, in addition to retail sales. ________________________________ |
TRY IT FIRST -
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We fill out their "calculator" using a guy we name Joe. He is a compilation of my self and several other folks. Rather typical finances.
QUESTION 1 They ask for Joe's income, though that does not matter.
Joe enters 55, 000
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Joe enters 55,000 for income. Income is not taxed, but as long as they let you enter your consumption, they can give you a comparison.
Spoiler Alert -- they never allow you to put in your taxable consumption
QUESTION 1 They ask for Joe's income, though that does not matter.
Joe enters 55, 000
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Joe enters 55,000 for income. Income is not taxed, but as long as they let you enter your consumption, they can give you a comparison.
Spoiler Alert -- they never allow you to put in your taxable consumption
Joe made 55K So he puts that in.
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QUESTION 2
They ask for Joe's mortgage, though that does not matter to fairtax itself. Fairtax has nothing to do with mortgages. But it's a question so "Joe" answers it.
.
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QUESTION 3
They ask for Joe's investments.
Investments do not matter. But let's put it in, anyway. That's all you can do, after all.
Our Joe has 5800 year in investments. So he puts that in. Still no place to put in any consumption that is taxed.
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QUESTION 4
They ask for tuition and other household details -- like used goods. Those do not matter, either. Tuition is not taxed. Nor are used goods taxed. Still -- if they get around to letting you enter your consumption, it could be legit.
They ask for all that, and it does not matter (except for household expenses) No place for rent, medical consumption, vacation spending, dentures for your kids, a new car, or repairs of anything. They do not allow you to put in such things.
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NO MORE QUESTIONS --
FAIRTAX GIVES "BOTTOM LINE REPORT"
Despite absolutely no place to put in your taxable consumption they tell you (or pretend to) how much you will save.
Depending on your consumption, of course, you could owe 5 or 10 times as much taxes this way, as you will see. Go on vacation, have health care costs, heat your house, or rent, or install a swimming pool, or buy a new car-- whatever -- Fairtax never let you put in that information.
In fact, they prevented anyone from putting in any information that mattered.
But it looked spiffy! Just like their Fairtax hustle itself looked spiffy. That link here. Their calculator made sure you did not know that.
Depending on your consumption, of course, you could owe 5 or 10 times as much taxes this way, as you will see. Go on vacation, have health care costs, heat your house, or rent, or install a swimming pool, or buy a new car-- whatever -- Fairtax never let you put in that information.
In fact, they prevented anyone from putting in any information that mattered.
But it looked spiffy! Just like their Fairtax hustle itself looked spiffy. That link here. Their calculator made sure you did not know that.
Bottom line ---they say for Joe-- 9,000 less in taxes.
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Joe might have "expended" 200,000 for a new house. They don't know, and did not ask.
Joe might have rented. They did not ask.
Joe might have bought a new mobile home, a shed, or a new truck. A million things Joe might have bought. And what people do buy. But none of that - zero -- could Joe put in, nor anyone else put in.
Go ahead. Try to enter the cost of your new house, or the rent you might pay --
I spent 4000 dollars on my electric and 6000 dollars for a new tub and sink to be installed.
The tax -- just the tax -- on that would be 2300 dollars.
But there is no place for me -- you -- or anyone to put any such information.
That's how these guys operate.
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Joe might have rented. They did not ask.
Joe might have bought a new mobile home, a shed, or a new truck. A million things Joe might have bought. And what people do buy. But none of that - zero -- could Joe put in, nor anyone else put in.
Go ahead. Try to enter the cost of your new house, or the rent you might pay --
I spent 4000 dollars on my electric and 6000 dollars for a new tub and sink to be installed.
The tax -- just the tax -- on that would be 2300 dollars.
But there is no place for me -- you -- or anyone to put any such information.
That's how these guys operate.
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And there was no place to put any of it.
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Now we use a spread sheet to compare our made up guy, Joe. Same 55K income.
In a spread sheet, of course, we can enter Joe's expenditures. So we do enter them.
Joe rents, in our example, his wife has medical cost. They eat, they drive cars, they have cell phones and heat the home.
Because of the high medical consumption, Joe "expends" 251K total. He uses savings and borrows to pay for cancer care, but it's taxed 23%. There are no exceptions -- and all medical consumption is taxed, without exception.
By the way, that exceeds his income. That's why Fairtax did not dare use an honest equations. Millions of people would owe 40 60 60 or even tax rates over 100%.
An honest calculator -- that let Joe or you or anyone -- put in their consumption, would show that.
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JOE'S WIFE DOES NOT GET SICK---
Many people do have high medical cost, but let's say Joe's wife did not have cancer. How much tax would Joe pay with Fairtax?
Almost 22,000 in fed taxes. Not over 100% but still almost three times higher than before Fairtax.
Fairtax hustlers did not want you to notice that either.
It's not just those with high expenditures for medical -- it's most folks. Most folks would owe drastically more in Fairtax.
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Get their calculator and see for yourself. Use theirs-- they wont let you enter what matters, but use it first.
Then you make a spread sheet. Enter your various consumption -- including state and local and federal consumption taxes you would have to be (see the hustle exposed at this link of that )
See for yourself.
Millions of people would owe double or triple what they owe now.
But they told Joe he saved 9K!
Joe MIGHT save money, if he did not heat his house, did not go on vacation, did not pay rent and lived free.
Joe MIGHT save money, if he did not heat his house, did not go on vacation, did not pay rent and lived free.
And even without the cancer expenditures, Joe's Fairtax is 21K on income of 55K.
