The comic relief on these threads is absolutely amazing at times! Like now!
Have you any idea how many people there are in this country who have INCOMES but pay no tax on them under the present system but WOULD pay with a NRST?
Have you any idea how many people there are in this country who have INCOMES but pay no tax on them under the present system but WOULD pay with a NRST?Are you considering the payroll tax? If you include that, not too many people don't pay taxes on their income - a lot less than wouldn't pay taxes under the FairTax with it's FCA.
2004Personal income $ 9,659Less: Personal current taxes $ (1,036)Equals: Disposable personal income $ 8,623Less: Personal outlays $ (8,533)Personal consumption expenditures $ (8,231)Personal interest payments $ (188)Personal current transfer payments $ (114)Equals: Personal saving $ 90