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To: Principled
I like the flat sales tax rate. Is it safe to say, then, that the original article was wrong in saying there would be a higher sales tax rate after X dollars?

That's the part I hate, which is what I quoted from the article in the original post I made (that you replied to).

78 posted on 02/15/2023 8:33:17 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right
I don't know but I bet they were trying to assert that effective tax rates on income were different. They would be.

If I make $100 per year and pay $25 in sales taxes that's a 25% effective rate on income.

But if I make $200 per year and pay $25 in sales taxes that's a 12.5 % effective rate on income.

IMO they do that to try to make something look unequal. But the sales tax rate is not related in any way to income. It is based solely on retail sales.

The idea they're trying to get at is to try to say that the sales tax is regressive and they use that as a reason to object to the sales tax. A sales tax can be regressive but the Fair Tax has the rebate thing to minimize that.

79 posted on 02/15/2023 9:09:05 AM PST by Principled (Biden is illegitimate and whatever he says can be ignored. )
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