>>>> Really? What the hell is a PREBATE? >>>
It is probably the most confusing part of the Fair Tax, which cannot be explained in a short post. The book explaining it is rather short, and if you really want to know how it works, it is cheap and quick and worth the read. Then decide.
I will say this: while I have mixed feelings on the Fair Tax, 99.9% of the drive by comments about it are based in ignorance of how it works. Is it perfect? No. Then again, it is a heckuva lot better than what we have now.
Hi Lazlo,
As I wrote, there is a lot to like about Santorum’s positions, but you don’t need me to come up with a list of former presidential candidates that, despite their qualifications, were rejected because they were not liked by the public. If Senator Santorum doesn’t lose his scowl and show a real - not scripted - sense of humor he will not win.
He’s a good conservative, but that is not enough alone.
A prebate is a device associated with the Fair Tax that allows people to effectively negate paying the Fair Tax on their purchases up to a give amount (probably the poverty level).