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To: Mister Da

I respectfully disagree with your assessment of the prebate aspect of the Fair Tax. The primary line of resistance of the Left to any reform of the income tax system is that any such reform in the nature of a consumption is "regressive," meaning lower income people would spend a greater percentage of income and thus would pay a higher proportion of revenues. The prebate overcomes that objection by relieving those at or below the poverty line of any payment of the Fair Tax at all. This is accomplished without requiring any household to prove their income. Therefore, I believe the prebate is a very well conceived aspect of the Fair Tax. Without it, the Fair Tax would have less prospect of every being adopted.


83 posted on 04/16/2006 8:07:46 PM PDT by n-tres-ted (Remember November!)
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To: n-tres-ted
I agree that the Left will like the rebate - one more reason to get rid of it.

I see no reason to fight for a system that substitutes an entitlement system for an exemption system. Same thing, different name. As much as I despise the current system, if we're gonna replace it, the new system is gonna be simple, fair, & relatively free of abuse.

As my post was a long one, mainly dealing with rebate bureaucracy, am I to assume the bureaucracy doesn't bother you, or that you don't think it will happen to such a "simple" rebate system?

Do you think the rebate will be manipulated by the pols & bureaucrats as they do our present system?

Which system do you think would be more ripe for theft, fraud, & abuse - the rebate system or a food/shelter/utilities/medical sales tax exemption?
91 posted on 04/16/2006 8:47:03 PM PDT by Mister Da (Nuke 'em til they glow!)
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