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To: expatpat
Wow! 49%, 64%, and rising. Principled and ancient_geezer didn't share that with us!
One of the reason the rate is so low is that they have the federal government paying the FairTax on it's purchases and the wages of government employees. They count this as revenue but don't account for the increase in expenditures that would be necessary to pay these taxes.

Neat trick, huh.
341 posted on 03/04/2005 12:01:12 PM PST by Your Nightmare
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To: Your Nightmare

If they did not do that, it would be like giving every government employee a huge raise equal to whatever they would have paid in income and payroll taxes under our present system. I don't think that's a "trick" to get more money out of the system. It's necessary to either do that, or do an accross the board reduction in gross wages for all government employees.

Please correct me if I'm misunderstanding something here.


342 posted on 03/04/2005 12:07:17 PM PST by OHelix
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To: Your Nightmare
One of the reason the rate is so low is that they have the federal government paying the FairTax on it's purchases and the wages of government employees. They count this as revenue but don't account for the increase in expenditures that would be necessary to pay these taxes.

The Fairtax simply continues what is already happening you IDIOT!

What do you suppose would be the result of taxing all goods and services sold in the private sector but NOT taxing those same things when the purchase is made by governments?

Never mind I'll tell you because you will NEVER figure it out and if you did you wouldn't admit it!

In that scenario there would not BE a private sector for very long because the government would have a distinct price advantage when it came to delivering ANY good or service! Is THAT what you want?

GEEZ!

358 posted on 03/04/2005 12:50:23 PM PST by Bigun
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