http://www.fairtaxcalculator.org/
found it above.
First time I have seen this new 'calculator'. What a pile of dung! Let's see how many lies I spot.
1. The fairytax calculator says principle on your home is tax free. Not true at all. If you buy a new home with a pre-tax price of $200,000, the fairytax adds $60,000 so your principle is $260,000 minus your downpayment. How is that taxfree???? It is not. Fairytax manipulator lie #1.
2. The fairytax calcultor says interest is tax free. Patently untrue. While not a straight-forward calculation, it is taxed at a 30 percent rate above some government determined index rate. So there will be tax on all interest payments unless you are some sub-prime borrower. Fairytax manipulator lie #2.
3. It says payments to churches and non-profits are untaxed. Like the income tax, these payments are not taxed. But unlike the income tax, the fairytax taxes these organizations. So if your church pays your minister $30,000, under the fairtax the church will now have to send the government a $9000 check. The fairtax does tax your 'taxfree 'donation, just not when you give it but when they spend it. You must give more money under the fairytax to do the same work. Fairytax manipulator lie #3.
4. Saying student loans payments are taxfree is a lie too. Nothing in the bill says anything about interest on these loans. The interest on these student loans would be tax just like all other interest payments are taxed. Fairytax lie #4.
5. Saying taxes paid to the state is taxfree is a lie too, because under the fairtax states now have to pay the fairytax on all their expenditures. Even the latest paper by the fairytaxers agree that state taxes will be higher to compensate for these new taxes on the states. So you will be paying more in state taxes to pay these. Remember, you state does not pay these taxes, they pass them on to you!
6. The whole concept of an 'effective' fairytax rate is a fraud too. If you buy a new pretax $20,000 car, there is a $6000 fairytax on it. Period. Trying to create some fictious rate based on your income is a cute concept to manipulate the facts. Besides their calculation is fraudulant since many items they claim are taxfree, aren't taxfree at all.
The whole damn calculator is full of errors.