Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: pigdog
Such a change in S/S & M/C funding will be the most rapid possible demonstration to an individual taxpayer what the real cost of these entitlements is to him each and every time he buys a taxable thing ...

This is the first time its been suggested that the SS and Medicare portion of the FairTax will be called out on the sales receipt.

But who cares, the aggregate cost of the prebate is larger.

249 posted on 10/16/2006 8:57:01 AM PDT by lucysmom
[ Post Reply | Private Reply | To 243 | View Replies ]


To: lucysmom
"This is the first time its been suggested that the SS and Medicare portion of the FairTax will be called out on the sales receipt.

But who cares, the aggregate cost of the prebate is larger. "

No such thing has been "suggested" by me or anyone I know so it's hard to know where you got that idea? If you think it's a good one, why not write to Congressman Linder insisting that he change the bill to incorporate that?

The aggregate amount of the prebate is actually incorporated within the 23% revenue neutral rate and is in fact less that S/S plus M/C, but you're welcome to present both your sources that definitively show that the prebate is a larger amount.

253 posted on 10/16/2006 9:16:44 AM PDT by pigdog
[ Post Reply | Private Reply | To 249 | 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