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To: Tenacious 1
What makes you think that consumption will rebound? Why would products be cheaper? The government is taking the same amount of money out of the economy, aren't they, so the total burden to any producer will be the same, and if it is not, who will shoulder the tax burden? How can workers earn more while the producer is charging less for its goods? If you do the math comparing the difference in the prices you cite (20%) and the employment tax, you are off by more than 10%.

I think you haven't thought through this, and just making claims is not making sense, in and of itself.
42 posted on 09/28/2005 1:42:51 PM PDT by Final Authority
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To: Final Authority
You know..... I think most people who favor the consumption tax are small business people who just don't want to fill out forms. They don't want to go through the red tape that is currently required to be a small buisness owner. This whole thing I think is about them cutting through red tape. For most it's not really about Congress reducing spending, lowering the deficit, generating more income or whatever...

Do you think?

50 posted on 09/28/2005 1:53:59 PM PDT by kjam22
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To: Final Authority

"What makes you think that consumption will rebound? Why would products be cheaper?"

I am saying that the before tax price is cheaper. I am not completely convinced that the after tax price will be cheaper. I am still a little skeptical in this area but believe it will be within 5% of the pre-Fair-Tax-implementaion. Consumption will rebound based on citizens having more disposable income.

"If you do the math comparing the difference in the prices you cite (20%) and the employment tax, you are off by more than 10%."

I was using round numbers because I am not completely convinced that Boortz/Linder have their percentages correct and there is lots of debate. I didn't do math just used an example.

"I think you haven't thought through this, and just making claims is not making sense, in and of itself."

On the contrary, I have thought this through extensively. I have and continue to educate myself on it. I have several concerns with the details that I have cited in posts before. I am not a dead head, die hard advocate of all of the details, but the premise of the Fair Tax is ideolically and economically sound. I don't drink Fair Tax Coolaide, I am expressing my thoughts and opinions like everyone else. I am an educated, articulate, active, voting member of society that pays way too much in taxes to a government that spends way to much money on wastefull politically driven pet projects that are never fiscally well accounted for.

I do not always spell to good though (this is intellectual humor).


54 posted on 09/28/2005 1:57:48 PM PDT by Tenacious 1 (Dems: "It can't be done" Reps. "Move, we'll find a way or make a way. It has to be done!")
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