Oh boy, more goofy class warfare arguments.
TAX RATE REDUCTIONS GENERALLY INCREASE TOTAL TAX REVENUE!
(Now, this is not true among those who pay NO taxes already, the 999 plan will start taxing the purchases made by gang bangers, drug pusshers and pimps!)
It appears that the example only captures 9. It is missing the other two 9s in 9-9-9. Faulty argument.
So now Obama as $1.5M to spend (can’t see it when typing this but something like that). With his greater disposable income he buys a few more items. And pays 9%. And it ignores some corporate taxes for companies like GE, who paid $0 and now would not be so lucky.
Short sighted, non-complete example that can’t be looked at so myopically.
Whup? R U Trying to make FR look bad, or just what's yer point?
It’s about time the the poor started paying their “fair share”. Expand the tax base 999 is the first step, the fair tax is the final solution.