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To: pigdog
under the FairTax people do not pay "30%" on anything - that's a mythical marginal tax rate that isn't even true.

If you buy a $1,000 item, you will see on the receipt $298.70 of tax added, and a total of $1,298.70 (if the 23% inclusive rate were correct, and it is much too low). This is a "30% tax" and it will be seen on each and every receipt.

And there is nothing "mythical" about the marginal rate at all.

530 posted on 09/06/2006 6:41:50 PM PDT by RobFromGa (The FairTax cult is like Scientology, but without the movie stars)
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To: RobFromGa
..It's that assumption that every conceivable form of trade will reduce their prices (below costs in most cases) to accommodate the fairy tale of the fairy tax.

sheesh.

536 posted on 09/06/2006 6:45:07 PM PDT by xcamel (Press to Test, Release to Detonate)
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