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To: Your Nightmare; Always Right; pigdog
This is really no different than when unemployment taxes or the wage base (the amount of wages taxed) for payroll taxes change or the level of child credits, the personal and dependent exemptions, or even the actual tax brackets used each year under the income tax. All affect the amount of tax you pay, all are handled by "unelected bureaucrats" and none need be voted on yet there seems to be no discomfit on the part of any of you about that.
Are you getting more stupid by the day or what?

There's no discomfort for one because it's not an issues ever discussed and two because it isn't true. Everything you mentioned has been determined by elected officials, they aren't "determined" by bureaucrats, they aren't altered or changed every year on a whim without oversight as the Fairtax law allows SS bureaucrats to do

581 posted on 11/02/2006 7:27:12 AM PST by lewislynn (Fairtax = lies, hope, wishful thinking, conjecture and lack of logic.)
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To: lewislynn

To be fair, I am not sure I would call it a 'whim'. The rate is determined by reported wages and reported gross sales tax. The rate changes by numbers collected and calculated by the bureaucrats. The calculation is straight-forward. I just know for myself, my reported wages will go up dramatically under the fairtax. Most of my profits now flow into my income from an S-Corp and with moderate wages. Under the fairtax, there is no reason not to max. out my reported wages to qualify for more benefits. Under the current system I would have to pay an extra 15.3%.


583 posted on 11/02/2006 7:38:17 AM PST by Always Right
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