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To: pigdog
It isn't an "error" at all but, apparently, a use which you do not understand. If anything, forcing in into spending would be an error from the standpoint of the Calculator since that would increase spendable income with no offsetting increase in spendable income on the income tax side thereby biasing the results in the Calculator.
No, by not including all the FairTax a person would pay you are reducing the gross tax paid. And then when you reduce the gross tax by the "prebate," you get an erroneously small net tax paid.

What a shock it is that this error benefits the FairTax comparison.
564 posted on 10/23/2006 12:02:43 PM PDT by Your Nightmare
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To: Your Nightmare
"No, by not including all the FairTax a person would pay you are reducing the gross tax paid. And then when you reduce the gross tax by the "prebate," you get an erroneously small net tax paid.

What a shock it is that this error benefits the FairTax comparison."

And if the prebate is not spent but saved then it is not taxed so your point is meaningless as one cannot presume if will be spent and as I said the fact of doing so biases the Calculator and does not fulfill the purpose it was designed for - which was a comparison on an apples and apples basis of the effective tax rate when the same level of spending occurs.

"What a shock it is that this "error" you try to claim (which is not an error at all) benefits the anti-FairTax comparison."

566 posted on 10/23/2006 12:19:59 PM PDT by pigdog
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