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To: Your Nightmare
"The only value the rebate has is for eventual consumption and when it's used for consumption"
Not at all the case. It's intended value is to reduce the taxes paid and as such it is rightly not included in the calculation.

If it becomes used as additional consumption that is biasing the calculation to not be the equivalent of the same amount (without the prebate) under the income tax. The intent of the calculator is to give a taxpayer a reading of what his tax burden under the FairTax with the same income as under the income tax to be able to compare the two on an even basis. It's accurate and a good comparative tool.

555 posted on 10/23/2006 11:18:20 AM PDT by pigdog
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To: pigdog
Not at all the case. It's intended value is to reduce the taxes paid and as such it is rightly not included in the calculation.
BUT IT'S VALUE IS REDUCED BECAUSE IT'S TAXED!!!
559 posted on 10/23/2006 11:41:58 AM PDT by Your Nightmare
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