Replies

Here are your three posts, and your continued misunderstanding.

POST 334: This would actually free up more funds for the general revenue rate which would rise after 2007 from the 14.91% figure to, say, 15%. That result would bring about a hue and cry from taxpayers to lower the rate from 23%

You are confused here. The 14.91 GRR rate is fixed by the fairtax. It can not change. The taxpayers would have to say nothing to lower the rate overall rate, it would automatically adjust lower if your scenario of the other rates going lower did come about (which it would not, BTW).

POST 351: and the answer is as I already gave it to you in post #334; the rates will FALL due to the factors shown in that post. Even so, it would take Congressional action to lower the FairTax rate.

Again, you show your confusion. It would not take any action by Congress for the lower rate to take effect if the other two rates fell. The only fixed rate is the GRR. Do you get it yet?

POST 368: 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.

Again you further illustrate you do not have the slightest understanding of how the Fairtax bill is written. The sum of the three rates is only 23% in 2007, after that it automatically adjusts with the changes in the second two rates. It takes an act of Congress to change the GRR of 14.91%, but not the other rates. You either have no reading comprehension or are a liar.

And you have totally missed the point made in all 3 of the posts that the rates for the two entitlements will fall, not rise due to the increased economic activity brought about by the FairTax. All economic studies of the FairTax have shown this increased economic activity so your claiming just the opposite to try to claim a "FairTax lie" is total nonsense and misdirection.

IOW you really haven't a clue ...