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To: JayGalt; All
> "Do you pay 30% tax now?"

No, Jay or whatever your name is. That's not how the FairTax works. And DeSantis is pushing a Flat Tax which is an Income Tax, which always grows back to its monstrous self.

I'll explain in a moment why the FairTax isn't going to rip us off for 30% or whatever calculation is used.

But first to the real point:

And so it is with Karl Rove and his team of scumbag consultants who write the scripts for their boy DeSantis.

As for the FairTax, first read in #13 of this thread an eeny-weeny mini-primer on it.

Then, take the following simple short example:

Of course, there will be state taxes embedded/added on, but the point is the FairTax is a federal replacement tax.

To get a short primer on the FairTax as opposed to the history of the Income Tax, don't forget to see #13 of this thread.

And remember the Income Tax started out as a Flat Tax. A flat tax always grows into the monstrosity we have today, always

58 posted on 05/28/2023 6:11:20 AM PDT by Hostage (Article V)
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To: Hostage

Without the embedded taxes, which are invisible, the true tax paid is much more transparent. That is an important aspect of the Fair Tax that is often missed, i.e. the removal of value added taxes will drive down end user prices. Assuming a free and competitive marketplace.


68 posted on 05/28/2023 6:38:17 AM PDT by yeff (Yuor biran has teh alibtiy to mkae oderr out of caohs)
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To: Hostage

Hostage. Thank you for your courteous reply. I am Jay Galt because JGalt was taken. I do not believe that the Fair tax will not be adjusted, up at the whim of our “elite”.

I am decidedly not a DeSantis admirer. Trump has shown that to the limits of the possible he fights for the success of America & Americans. W/O the resistance by entrenched politicians his proposals would have balanced the books & eliminated Federal debt in 1-2 decades.

America’s success will be advanced by a dramatic reduction of bureaucracy and Government “services”. I favor a VAT type tax myself with cutouts for necessities to provide a safety net. So we are in agreement.

Talk is cheap. We have only one person who has delivered on the majority of his promises. DeSantis is bought, sold and will not turn on the Establishment Repubs & Globalists no matter how he presents himself.


70 posted on 05/28/2023 6:54:45 AM PDT by JayGalt (Convenience is the bait in which the true poison is concealed.)
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