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To: Eccl 10:2

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That is incorrect. With the FairTax, each household gets a sizeable "prebate" up-front each month which covers necessities (though presumeably not boats as in your extreme example). The same tax rate applies to all purchases. People with lower income get all their taxes covered by the prebate.
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That rebate only covers up to poverty level of living. And my ecxxample is not extreme. If you purchase any thing for $1000, then the person who makes more money pays less percent tax of their income on it.

We don't need a fair tax, we need a fair tax.


21 posted on 08/12/2006 6:40:04 AM PDT by avacado
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To: avacado

10% of a dollar is $0.10. Doesn't matter if you have 10,000 dollars or 100,000 dollars. Don't compare apple to oranges by applying what is bought to the income of the buyer. You just want to punish people that have more.

Another good way of explaining your "flat" tax is "From each according to his means , to each according to his needs". Sound familiar?


28 posted on 08/12/2006 6:57:53 AM PDT by Hazcat
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To: avacado
That is incorrect. With the FairTax, each household gets a sizeable "prebate" up-front each month which covers necessities (though presumeably not boats as in your extreme example).

That is incorrect. Each household does not get a sizeable prebate. The size of the prebate depends on the size of the household regardless of income. Consequently the prebate will be a smaller percentage of income as a person's income increases. Fair Tax FAQ #49 The percentage of the prebate for those with the highest income will be almost 0%. I suggest you visit The Americans For Fair Taxation website before you make any further statements about the Fair Tax.
29 posted on 08/12/2006 6:58:29 AM PDT by Man50D (Fair Tax You earn it . You keep it!)
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To: avacado
Each taxpayer would be greatly helped buy the FairTax since his purchasing power would be greatly increased.

By your lights, that would mean the low income person could overspend even more I suppose??? Sounds like both you AND he have problems not related to taxes.

216 posted on 08/12/2006 3:07:33 PM PDT by pigdog
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