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To: pigdog

the fairtaxers don't help their cause with misleading tables of data.

what you said regarding the trickle down effect of no-income-tax very well may be 100% true. but--

the table clearly states that the person earning $10,712 is getting $3101 TAKEN AWAY from them today in the current system. That is an absolute untruth. The reality is that person will recieve ALL of the EIC, plus all of their gross income, minus their payroll tax -- for a total of $14,097.

if they want to be honest about the trickled down effect remove the -3101 from the "current system" and add it as +3101 to the "fairtax system" and convince everyone that when fairtax is passed this poor person earning 10k a year will get a 30% RAISE -- woohoo, can't wait.


78 posted on 12/05/2005 7:13:55 PM PST by kpp_kpp
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To: kpp_kpp

(the link again http://www.fairtax.org/tax_returns_single.html )


79 posted on 12/05/2005 7:17:49 PM PST by kpp_kpp
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To: kpp_kpp

Look at some of the other examples on the FairTax site. The one you chose is someone making a low wage and spending it all.

The 3,101 is the amount they are paying due to the hidden taxes which I mentioned (they are not a "trickle down" at all but both cascade and embed into the different levels as I pointed out. And that is a real cost under the income tax system. It is also a hidden cost as I explained. You apparently choose to disbelieve that it exists but it certainly does. As I said I don't know whether the figure should be 15, 20, or 25% of the expenditure, but it is definitely there and reduces your purchasing power under the income tax but it is nOT there under the FairTax and that's why is is show in the way it is.

The tables are not misleading as you state. You merely seem to not understand what they show. Take a bit more time and think about them.


87 posted on 12/05/2005 7:36:04 PM PST by pigdog
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