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To: Conservative til I die
Your argument is rather poor.

Sure beats the hell out of the doubletalk claptrap that a federal sales tax isn't regressive.

156 posted on 11/08/2004 7:46:58 PM PST by Prime Choice (Hey-hey! Ho-ho! Arlen Specter's gotta go!)
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To: Prime Choice; Conservative til I die

 

Sure beats the hell out of the doubletalk claptrap that a federal sales tax isn't regressive.

Hmmm, Under the provisions of the Nation Retail Sales Tax described in H.R.25, a family of four, could spend $24,980 per year free of tax because they will have received over the course of the year a demogrant totaling $5,745. $5,745 is the amount of sales tax paid on $24,980 in expenditures.

To illustrate examine the tax burden that a family of four will have at various annual expenditure levels as compared to that same family under the current system:

 

H.R.25 "The FairTax Act

158 posted on 11/08/2004 8:16:34 PM PST by ancient_geezer
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