Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: snowsislander
Actually the effective FairTax rate - the rate people actually pay - for most taxpayers will be considerably less than even the 23% ti rate presently in the bill (which may be reduced by the time of passage of the bill anyway to 19% or so).

Even at the present 23% ti rate, the average (middle CBO quintile; married, 2 kids) taxpayer who has an effective income tax rate of 12.5% ($6488 in income tax paid) will have an effective FairTax rate of 7.82% ($3,128 in FairTax paid). So, you see, the actual tax rate paid (the effective rate) is much, much lower that those repeatedly put forth by opponents.

That goes to show you that you must listen to the "anti" crowd with much discernment as it is heavy with demagoguery.

427 posted on 09/06/2006 10:30:34 AM PDT by pigdog
[ Post Reply | Private Reply | To 6 | View Replies ]


To: pigdog
Actually the effective FairTax rate - the rate people actually pay - for most taxpayers will be considerably less than even the 23%

Fair Tax myth.

430 posted on 09/06/2006 10:57:58 AM PDT by Mojave
[ Post Reply | Private Reply | To 427 | View Replies ]

To: pigdog

Only you think it makes sense that the average guy sees his taxes go from $6488 to $3128 and thinks that your numbers can possibly add up.


435 posted on 09/06/2006 12:35:49 PM PDT by RobFromGa (The FairTax cult is like Scientology, but without the movie stars)
[ Post Reply | Private Reply | To 427 | View Replies ]

Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson