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To: Man50D
"the FairTax rate is much lower than the current 35% top tax rates on personal and corporate income. The lower the rate, the less incentive for avoidance"

Right now what is it -- only 1% of taxpayers are eligible for the 35% top rate? And you know that 1% is doing their damnest to avoid it.

Compare that to 100% of the taxpayers eligible for 30% of every purchase. And the author claims there will be less avoidance!?

64 posted on 01/13/2008 7:22:01 AM PST by robertpaulsen
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To: robertpaulsen

Hey, if you’re going to use the inclusive 35% rate when spaking of the income tax, plase use the comparable inclusive FT rate of 23% for consistency’s sake. Thanks.

Either that, or quote the income tax rate in exclusive terms.


69 posted on 01/13/2008 7:26:55 AM PST by ovrtaxt (In my fantasy world, the Dems run a Zell Miller/ Lieberman ticket...)
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