The folks in this bls data who live below the poverty line spend up to the poverty line.We've been through this before. That table is wrong and it totally skew by people living off of savings or flat out lying about their income (that data comes from surveys). Or maybe you would like to explain how else someone could spend more than they make in income.
So, let's wee, Nightie, only you Squirrels have access to "correct, unskewed" data and anything used by FairTax supporters is automatically incorrect and skewed???
Got it!!!
There is nothing that indicates that the table is wrong. There is no "corrected table". This is what bls has.
BTW how is someone who is living off savings going to profit from the rebate? They're not. Under the income tax, they could profit from tax credits. Under the nrst, they don't. If you're worried about entitlements, you would prefer the nrst.
If they're flat out lying about their income and are reporting only this much, then they're profiting from income tax credits or evading tax making all honest folks pay more. They couldn't do that under the rebate.
It's much easier to cheat the income tax by underreporting income than it is to evade sales tax. That's why lewis is opposed.