Sure. A good portion of the population profits when the tax rate goes up.
A "good portion" you say.
Hmmmm.
refer: Poverty 2001 - Poverty Thresholds 2001
&
ftp://ftp.bls.gov/pub/special.requests/ce/standard/2001/ Table 2. Income before taxes: Average annual expenditures and characteristics, Consumer Expenditure Survey, 2001 |
|
Here's the weekly FairTax email I just got:
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I can see from these numbers where at least 12% of the population (the poverty rate) would profit from the FairTax.
(It would be much easier to see of they had used medians, averages can sometimes skew data. It's obvious that's what's happening here.)