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To: RaceBannon
It would certainly be a tax on the poor, while it would be 'fairer' to tax all the ssame rate for income, it would not be fair to tax someone on expenditure without some sort of non-taxable commodities put on a no-tax list.

" ... to ensure that no American will pay tax on necessities, the FairTax plan provides a prepaid, monthly rebate for every registered household to cover the 23% consumption tax spent on necessities up to the federal poverty level. This is how the FairTax completely untaxes the poor, and lowers the tax burden on everyone else."

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612 posted on 11/06/2002 10:37:05 PM PST by dread78645
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To: dread78645
the FairTax plan provides a prepaid, monthly rebate for every registered household to cover the 23% consumption

Rebate means you still have to come up with the money first, right?

Else, it would not be called a rebate. The tax should not be applied to commodities/necessities in the first place. That affects the lower income people immediately, to tax up front. Like i said in the paragraph following what you pasted, the poor would also have a larger check due to NO TAXES BEING TAKEN OUT in the first place! I kind of like that idea!

I am not against the concept of a national sales tax, I just want to see what they come up with first...

I do lean more to a flat tax of income, with no rebate/refund at all, take 10% from my income and leave me alone after that. We would all pay the same on income, and that is fair.

681 posted on 11/07/2002 9:53:11 AM PST by RaceBannon
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