Official account of KoopaTV, a videogame industry commentary story; truth & levity. Tweets by Ludwig. Use #KoopaTV. The story is now over.

Koopa Kingdom
Joined October 2013
Does this sound fair? MAGA Republicans have a "fair" tax plan to hit American families with a 30% national sales tax on everything from groceries and gas to rent and health care. It's not fair to impose taxes on working people, while giving massive tax breaks to the ultra-rich.
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So it would wipe out social security and ssdi? How about Medicare and Medicaid? This would be a disaster
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Correct, it would replace the payroll taxes alongside income and business taxes. Those payroll taxes are probably the most regressive of today's federal taxes. The FairTax rate is revenue neutral, in that the sales tax will end up paying for those safety nets.
How do you get that it's fair? Imagine living in areas where the average yearly income is 30K or less per person, and hitting them with that 30%. They won't be able to eat. Yet the rich ppl it won't even cause them any problems at all. So how is it fair? The consequences aren't.
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If the average yearly income is 30k or less, their effective tax rate will be close to 0%, because there is a monthly prebate of the tax rate times the poverty level that is sent out to households under the plan.
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The “Fair Tax” (I know. This was never a thing. Exposure to sunlight killed it.) But this needs to be said. The Fair TAx promises to abolish the IRS and…drum roll…create 3 new tax agencies: Federal Excise Tax Bureau Federal Sales Tax Bureau Office of Revenue Allocation
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And the three of these combined are significantly less intrusive and ominous than the IRS, if you look what they actually are tasked with doing. congress.gov/bill/118th-cong…
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koopatv.org/2023/01/xbox-dev… So...here's what Xbox had to share in the Xbox #DeveloperDirect! Reacted to by #KoopaTV.
Curious about what's coming to Xbox?​ ​ Check out Developer_Direct on January 25, featuring news and gameplay from some highly-anticipated games: xbx.lv/3X42xus | #DeveloperDirect
The MAGA Republican so-called fair tax plan is the worst yet. It’s a real doozy. It would impose a 30% tax on everything. It would be devastating to just about every American family. Watch me and @RepJeffries:
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MORE FEDERAL BULLSHIT! You KNOW we will ALL be paying more . . . EVENTUALLY. It's the fucking GOVERNMENT . . . WAKE THE HELL UP !
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You could say the same thing whether it's the current tax system or the FAIRtax, but at least with FAIRtax it's much easier for citizens to figure out if their taxes have gone up. The current tax system is designed to obfuscate that, including "payment withholding" & "refunds".
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It would also disproportionately impact the poor, working, and middle class
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You are unfamiliar with the details of the bill. Did you know there is a monthly prebate that makes the sales tax progressive? The prebate untaxes up to the poverty level, effectively having poor households pay no tax because they get money to pay for it. congress.gov/bill/118th-cong…
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koopatv.org/2023/01/pocket-c… #PocketCardJockey big fan Ludwig cannot play Pocket Card Jockey: Ride On! due to its Apple Arcade exclusivity, but he can observe that it appears to be a remake of the 3DS Pocket Card Jockey. Let's talk 'bout it. #KoopaTV
It's been a week since House Republicans introduced one of the most radical pieces of legislation in the history of America (the McCarthy 30% sales tax) and there's been 0 coverage.
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Isn't 23% and it removes income tax, wealth tax, and estate tax...basically a 23% flat tax for everyone?
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It's not a flat tax for everyone; there is a monthly prebate that makes the tax progressive, where the poorest families will actually have a negative tax (gain money) while the people who spend the most have a tax rate that approaches the 23%.
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Replying to @RachelBitecofer
Can you post or send link to this legislation? I want to show my republican family and friends
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koopatv.org/2023/01/my-sephi… Let's talk about (and look at) the Sephiroth amiibo in the Super Smash Bros. Ultimate amiibo series! #KoopaTV
koopatv.org/2023/01/fire-emb… Reviewers and players alike say #FireEmblemEngage focuses on gameplay and graphics over a quality story and characters. Intelligent Systems and Nintendo pretty much agree with that in their new developer interview. #KoopaTV
I decided to name my Yakuza 5 chickens after Great Ace Attorney characters, but accidentally submitted one before I entered anything, so my three chickens are named Ryunosuke, Barok, and .
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I got high hopes for .
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Name the 2/3 of the US House/Senate that would vote to repeal the 16th amendment that allows an income tax? Name the 3/4 of the states that would have their house & senate both vote to do same? The Democrats will put the income tax back as soon as they have the congress/prez
Replying to @GroverNorquist
The FAIRtax legislation takes this into account and will sunset if the 16th Amendment is not repealed within seven years.
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Perhaps not in this Congressional session, but maybe if a real "Red Wave" occurred, or Democrat legislators will sign on to the idea because their constituents will demand it. Right now they dislike it because the media and politicians are lying about it. In practice? We'll see.
Advocates of the "FAIR tax" say their bill will eliminate federal income and payroll taxes and create a national sales tax as a replacement. But the US constitution (16th amendment) allows any future D congress/president to restore the income tax. Then we have two tapeworms
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The FAIRtax legislation takes this into account and will sunset if the 16th Amendment is not repealed within seven years.
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koopatv.org/2023/01/capcom-l… There IS some #AceAttorney news in that the series is once again on big discounts, this time for the "Capcom Lunar New Year Sale". #KoopaTV #NintendoeShop
I'm not saying I'm desperate for #AceAttorney news or anything, but the Facebook page updated its profile picture and I want to see that as a sign.
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In 2 yrs, Biden and Washington Democrats... - increased spending by $10 trillion - fueled the worst inflation crisis in 40 yrs - sparked an interest rate hike larger than the past 15 years combined House Republicans are getting to work providing relief for American families.
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By putting a 30% sales tax on every purchase?
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While abolishing income and payroll taxes.
They belong HERE—not in #SeaWorld’s tiny tanks! #PenguinAwarenessDay
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First GOP bill: Make it easier for business owners to cheat on their taxes. Second bill: Large tax increase on the bottom seventy percent of the income distribution to cut taxes for the rich.
New: Rep. Buddy Carter confirms to me that his Fair Tax Act will get its first-ever floor vote as part of speaker talks. Bill abolishes IRS, eliminates tax code, replacing income taxes with consumption tax - rolling back pieces of GOP tax law It was a demand of the 20 holdouts
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SEC. 304. REBATE MECHANISM.
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Well, Chapter 3 in general.