LOL! What's this "you" crap? It's piggy and the ancient one who are arguing that it is 29.87% and not 30%. I'm just falling out of my chair laughing at them!
Come on. You're constantly arguing over the rate, which is nonsensical, as I've explained simply and repeatedly....the argument over the rate is moot, since the FairTax bill is revenue neutral. This moot point's inclusion as the basis of this silly posting was one of the first signs of its logical and intellectual dishonesty.
And the laughter is right back atcha' pittipat. Wrong is wrong (unless, of course, you're Always Righht).
Since you think it's "neat" to use the incorrect number we'll just to have to point out from time to time why you do it.
It's piggy and the ancient one who are arguing that it is 29.87% and not 30%.
Actually I figure the final rate will be much closer to 19% tax inclusive or 23.46% tax exclusive, based on federal tax cuts implemented since the original rate was calculated for the 1999 intoduction of the bill.
Why not use 19% or 23% tax exclusive as may actually come out of Congress in meeting the presidents revenue neutral policy, looks like a better number for discussion purposes than either of the above to me.