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To: merrillbender
The Point is that under the Fair Tax you will Take home $50,000 and not have to wait to file a tax return to get a refund.

Another fallacy. No one, under the current system, must wait to file to get a refund. All one need do is claim an appropriate number of withholding allowances with their employer to avoid improper withholding.

220 posted on 01/30/2006 10:35:06 AM PST by Dimples
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To: Dimples

Of course if they know in advance their exact tax burden they can do that. Almost no one I know is that prescient ... perhaps you are????


315 posted on 01/30/2006 2:26:34 PM PST by pigdog
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