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To: Principled

My God, you got it. Reread the last sentence in 240. You finally understand something true.


245 posted on 07/22/2005 3:02:12 PM PDT by Final Authority
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To: Final Authority

There has already been a bill introduced by one of the libs to have a sales tax in addition to the income tax. I believe that was what Principled was referring to. Present law does not prevent that.

With the FairTax, however, having both is not possible since the income (and several other taxes) are eliminated, the IRS is defunded, and the income tax records are required to be destroyed. Both taxes would not co-exist which is quite diffferent that at present. The FairTax actually protects us from having both and it calls for the repeal of the 16th amendment as well.


247 posted on 07/22/2005 3:12:21 PM PDT by pigdog
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To: Final Authority
The broader the tax base the greater the tax take.

No. That's wrong. There is more than just base affecting total take. The rate affects take too. Broadening the base allows a lower rate on those of us currently paying tax - given a revenue neutral take (which is what the nrst is).

But eliminating withholding and making taxes visible will put the downward pressure on spending.

256 posted on 07/22/2005 4:01:26 PM PDT by Principled
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To: Final Authority
Reread the last sentence in 240. You finally understand something true.

My God, this is what any Fair Tax proponent says... at least that's what I have always said. I know of no nrst supporter that feels otherwise.

257 posted on 07/22/2005 4:02:50 PM PDT by Principled
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