To: phoenix0468
The FairTax actually eliminates the IRS which presently has an 11 or 12 billion $/year budget. The paper assumes that at lest 8 billion will be saved, but I'd think it would be even more,
85 posted on
10/19/2006 8:24:45 PM PDT by
pigdog
To: pigdog
Not only that the increase in GDP will be an additional offset (increase) that would further reduce the tax.
87 posted on
10/19/2006 8:28:48 PM PDT by
phoenix0468
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