To: Always Right; pigdog
The prebate cost is covered as part of that revenue neutral calculation.----
Bingo. The tax rate had to be raise 3-4 percent to raise the extra money needed to pay for the prebate.
The rate had to be raised 3-4 percentage points, which is
a 15 to 21 percent TAX INCREASE over what the fairtax claims would be needed for "revenue neutral".
44 posted on
11/09/2005 1:35:56 PM PST by
lewislynn
(Fairtax facts = lies, dreams, hope, wishful thinking and conjecture.)
To: lewislynn
The rate had to be raised 3-4 percentage points, which is a 15 to 21 percent TAX INCREASE over what the fairtax claims would be needed for "revenue neutral". Yep, if you consider the prebate to be an entitlement program that it is, then your only conclusion would be that this is a tax increase. Of course they will spin differently.
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