To: pigdog
The discussion was about the paycheck The money a worker receives from his paycheck isn't reduced when he gets slammed with a massive new national sales tax? Is it "revenue neutral" or not?
130 posted on
11/03/2005 7:57:10 PM PST by
Mojave
To: Mojave
The worker gets - as stated - 100% pf his paycheck. There are no taxes paid until he spends some of the wages for taxable items ... and not all things are taxable.
Revenue neutral has nothing to do with the worker receiving all of his paycheck. Under the present system he doesn't get it all - or had you noticed that? He has no way to NOT pay the income tax where with the FairTax he controls not only the choice of expenditure (and thereby the amount of tax) but also the timing of the tax. Quite different than the income tax.
Revenue neutral would actually have more to do with obtaining increased tax revenue from those in the illegal economy who now pay basically nothing in income tax.
321 posted on
11/08/2005 5:13:08 PM PST by
pigdog
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