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To: Dimples
So how so you think the average, math averse taxpayer will reconcile his daily FairTax tithing at the grocery store against the lump sum payment they receive monthly to offset his spending on "necessities," (his "prebate")??

The average math adverse taxpayer will not have to reconcile or calculate any tax at the grocery store because the tax rate will be factored in after the total is determined just as it is for state sales taxes. The recalculation for the prebate is not done by either the retailer or the taxpayer. It will be done by the Department Of Health and Human and Human Services Fair Tax SEC.303.

If anything, the amount of tax paid is totally lost in plain sight under the FairTax by dicing up the payments into thousands if tiny daily bits.

The tax paid isn't lost at all. It will be printed on the receipt just as it is for state sales taxes.

Then buried further by the prebate. You will NEVER know how much tax you really paid unless you keep track of EVERY receipt you get ... and properly deduct your prebate. There is no summary accounting.

The prebate is determined by the size of the family and income level. Fair tax FAQ #3

If you want to make taxpayers painfully aware of their tax burden, simply eliminate withholding and force Joe Taxpayer to write a monthly check ... rather than receive one.

They will be aware with a consumption tax every time they make a purchase. It will be printed on their receipt. Eliminating holding is only tinkering with the existing oppressive income tax code and does not abolish the IRS.

114 posted on 10/20/2006 1:14:27 AM PDT by Man50D (Fair Tax , you earn it , you keep it!)
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To: Dimples

holding=witholding


115 posted on 10/20/2006 1:22:02 AM PDT by Man50D (Fair Tax , you earn it , you keep it!)
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To: Man50D
If anything, the amount of tax paid is totally lost in plain sight under the FairTax by dicing up the payments into thousands if tiny daily bits.

The tax paid isn't lost at all. It will be printed on the receipt just as it is for state sales taxes.

Dimples is exactly right.

Not only will the tax be paid in small, daily bites, but the prebate will come in a lump sum every month. What a deal!

133 posted on 10/20/2006 8:56:13 AM PDT by lucysmom
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To: Man50D

You missed the point entirely.


136 posted on 10/20/2006 9:24:24 AM PDT by Dimples
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