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To: RobFromGa
Anyone with a functioning BS detector would know that your claim that the average American was going to cut his overall Federal tax bill by more than 50% is ridiculous, and that any "study" that shows this is using bad assumptions or is being grossly misrepresented. That can be said without even looking at the calculation. The result is economically impossible.
Not only that but if anyone with even the slightest bit of savvy (which the poster suggesting such has none) knows that any proposal of that idiocy has less than no chance of ever being looked at...that is after being laughed out of the halls of Congress.

I sense desperation.

639 posted on 09/07/2006 10:32:05 AM PDT by lewislynn (Fairtax = lies, hope, wishful thinking, conjecture and lack of logic.)
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To: lewislynn
Actually, Looey, you "sense" nothing since you ain't got any (sense that is). The FairTax even at the 23% rate is revenue neutral so the government loses nothing.

In fact, the most likely rate is presently 19% rather than 23% ... still revenue neutral. You don't seem to grasp the effect on tax revenue with an expanding economy but a dynamic analysis (which the Tax Panel Report is definitely not) clearly shows it.

647 posted on 09/07/2006 11:04:44 AM PDT by pigdog
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