[sitetest]

Dear Sprite518,

You appear to be misreading the conversation between RobFromGa and Dr. Jorgenson. Here's the critical exchange:

RobFromGa asks:

"Excuse me for my lack of understanding of your answer, when you say 'workers would keep that after-tax pay' are you saying that if they are making $1000 a week now, and paying $200 payroll+income taxes now, that under the FairTax you were assuming that workers would get paid $800 and keep all of that? Or are you saying that you meant they would make $1000 under the FairTax?"

Dr. Jorgenson replies:

"I am saying that the worker would continue to receive the after-tax amount of $800."

Dr. Jorgenson is assuming that the gross pay of $1,000, pre-tax in the current system, will be reduced to a gross pay of $800 under the NSRT, but without any payroll or income taxes, the new gross pay will be equal to the old (AND new) net pay of $800.

The $200 of gross pay that the worker lost under the old system is still lost to him, but is used by the business, under Dr. Jorgenson's model, to reduce general price levels.

No free lunch.


sitetest

[Sprite518]

That is not what is saying at all. LOL!

Just step back for a moment...


If this book was full of BS like you and your cohorts claim, then don't you think the Dr from Harvard would voice in concern in the public. Especially, after the book has been Number 1 on the New York Times best seller since its first came on the list?????

Ok to make my point look at the Dr. previous post...

"A more reasonable interpretation of my 1996 testimony is that workers would keep that after-tax pay; producers' prices would fall, but retail prices would be increased by the national retail sales tax. Any gains by workers and investors would be the result of increase economic efficiency."

That is exactly what The Fair Tax Book talks about. Listen if you are happy with the current tax code, then that is fine. Just be honest with the rest of the Freepers about it. That is all I ask.. Oh and be honest about the facts.