[SolarisRocks]

Why do fairtax supporters say it is like a sales tax while also saying it will be a 23% tax rate? It isn't computed the say way sales tax is (if it was it would be 29.xx%) so why plant the false idea in peoples head it is like a 23% sales tax?

[konaice]

Why do fairtax supporters say it is like a sales tax while also saying it will be a 23% tax rate? It isn't computed the say way sales tax is (if it was it would be 29.xx%) so why plant the false idea in peoples head it is like a 23% sales tax?

Its answered in the FAQ. All tax is quoted the same way.

[Always Right]

Why do fairtax supporters say it is like a sales tax while also saying it will be a 23% tax rate? It isn't computed the say way sales tax is (if it was it would be 29.xx%) so why plant the false idea in peoples head it is like a 23% sales tax?

Slick marketing, deception. Kind of like the idea that you get to keep your whole paycheck and prices come down. This article blows that myth out of the water.

[groanup]

Because you have to compare apples to apples. If you are going to qote the income tax as one percentage and the fair tax as another, are you not being deceptive? The fair tax people didn't have to quote the rate the way they did they did it to be honest.

If you make 100,000 dollars and pay a 25% income tax rate you are left with 75,000 dollars right? If you spend 75,000 dollars and pay a sales tax of 25,000 dollars, well, that's more than 25%, right? Isn't it? 33 1/3 % (25,000 is 33 1/3% of 75,000). So who are you accusing of planting a false idea?

Wouldn't it be false if the fair tax were quoted another way?