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To: Principled
But under the nrst, drug dealers will pay their full share - so us legal folks don't have to pay for them anymore.

The tax base for both systems is the entire legal economy. A $1000 purchase under the sales tax will yeild a similar amount of tax as a $1000 purchase under the income tax. If your system is tax neutral, you really can't argue with that. The only way to capture the illegal economy is to somehow make it part of the legal economy, which a sales tax does not do. I understand this point completely. It is not me who needs to open his eyes.

668 posted on 06/12/2005 5:29:21 AM PDT by Always Right
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To: Always Right
The tax base for both systems is the entire legal economy. A $1000 purchase under the sales tax will yeild a similar amount of tax as a $1000 purchase under the income tax.

This is not relevant. It may be the same total collection, but I no longer have to subsidize he drug dealer under the nrst - he will begin paying 100% of his taxes! sheesh!

670 posted on 06/12/2005 5:44:59 AM PDT by Principled
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To: Always Right
Under the income tax, I have to pay some of the drug dealer's taxes - under the nrst, I won't ... because under the nrst, the drug dealer pays 100% of his taxes.

You've been into the kool-aid too heavy. There is no argument, no matter how stupid, that you'll not try in order to keep the marxist income tax in place.

Open your eyes, stop selling income tax snake oil. You income tax fanatics are not logical.

671 posted on 06/12/2005 6:04:29 AM PDT by Principled
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To: Always Right

The tax base of the two is quite different. The IT system has INCOME as a base and the FairTax has the much larger CONSUMPTION as the base.

The purchase under the IT system using the illegal income will only provide a very small portion of tax revenue to the government, if any, whereas the FairTax will provide the full 23% on retail taxable purchases.


697 posted on 06/12/2005 8:06:05 AM PDT by pigdog
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