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To: xrp
Flat income tax does not capture tax revenues from those who do not report income or produces.

With a low flat tax, the incentive for a black market decreases. Everyone will want to produce and pay their taxes. There wouldn't be any of this avoidance.

Not everyone produces, yet everyone consumes. Fair Tax is a consumption tax, capturing EVERYONE into the tax code.

And it gives EVERYONE a bogus "prebate", including those who won't find work. Pretty soon you're going to have a bunch of people refusing to work and living off of their prebates, and tax revenues will decline.

53 posted on 07/28/2007 11:47:32 AM PDT by Extremely Extreme Extremist
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To: Extremely Extreme Extremist

I'd like to see who can live off the pre-bate and refuse to work. $196/month? That won't cover rent...ANYWHERE.

86 posted on 07/28/2007 3:21:18 PM PDT by xrp (Republicans Message: Vote for us, we suck less than Democrats.)
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