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To: pigdog; ancient_geezer; Taxman; Principled; EternalVigilance; phil_will1; kevkrom; n-tres-ted; ...
And when the two entitlement rates fall in proportion to the third one (the GRR) due to the increased economic activity the FairTax brings, the amount needed to generate the requisite wage proportion will be less that at present for both not more. This means that the remaining portion which is the General Revenue Rate will in effect increase since the other two have decreased and the statutory rate for all three combined must be 23% (or whatever the rate ends up as in the bill) unless changed by Congress.
Listen, it's clearly worded in the bill. If you don't believe me, ask some of your buddies. If they are honest, they'll set you straight.
385 posted on 10/18/2006 8:23:46 PM PDT by Your Nightmare
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To: Your Nightmare
If they are honest, they'll set you straight.
When he lies they swear to it.
386 posted on 10/18/2006 8:36:32 PM PDT by lewislynn (Fairtax = lies, hope, wishful thinking, conjecture and lack of logic.)
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To: Your Nightmare; pigdog
Listen, it's clearly worded in the bill.

It certainly is and it's really to bad that you, and some others here, either cannot read and correctly interpret what it says or, since doing that would shoot the B.S. you have been trying to sell for years down completely, REFUSE to do so.

388 posted on 10/19/2006 7:10:52 AM PDT by Bigun (IRS sucks @getridof it.com)
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