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To: pigdog
Do you have some study to present that shows the percent of people who consume nothing - or at least nothing taxable under the FairTax???

Do I need to study to say the sky is blue and the grass is green. There are millions of people who earn below the poverty line and thus will spend much less on taxes than the prebate pays them. There will a million or so of people living on the street who the prebate will be their biggest source of income. It is pure welfare to these people, not a refund of taxes.

494 posted on 04/09/2006 4:49:34 PM PDT by Always Right
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To: Always Right

I'd be glad to see any definite information you might have on the homeless and their income/spending habits. We're not talking about the sky and the grass Rightie, but people.

You say "millions" - how many "millions"??? What is their income? How much do they spend now? Where does the money come from? Do the live singly or in pairs? How many have a permanent residence? How many are illegal aliens?

I'm sure any studies you might have will answer these and other questions. I'm afraid your just claiming it won't do the job. And I'd point out that living below the poverty line still has that person paying taxes on each and every taxable thing purchased. That's still more of a contribution to tax revenues than they make at present - by a good deal undoubtedly.


498 posted on 04/09/2006 5:01:44 PM PDT by pigdog
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To: Always Right

ftp://ftp.bls.gov/pub/special.requests/ce/standard/2001/income.txt


504 posted on 04/09/2006 5:27:16 PM PDT by Principled
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To: Always Right; pigdog
There are millions of people who earn below the poverty line and thus will spend much less on taxes than the prebate pays them.

THat's not what this data say: Data

So irrespective of reported earnings, folks spend. So, you're wrong.

Beyond that, what does it say that so many are underreporting earnings? That perhaps the nrst will indeed capture more taxes from the cash economy?

Got any other data to analyze? If so, post it.

508 posted on 04/09/2006 5:48:48 PM PDT by Principled
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