As for which table, the broader one seemed like a good one as being more all-encompassing and requiring less categorization to use. The main interest is getting the breakdown into quintles so an individual taxpayer situation can be approximated rather than just a single aggregate figure. The quintiles give a bit better overview of different income/rate levels which should be sufficient for this sort on evaluation.
Something wrong in that analysis. I'll have to look at it and get back to you later. The purchasing power under the FairTax will be greater than under the income tax.Riiiiight. Because everyone's better off with the FairTax. If they aren't, just rub some snake oil on it...
As for which table, the broader one seemed like a good one as being more all-encompassing and requiring less categorization to use.Considering his example family was a married couple with one kid (you know, a household with a child) he probably should have used the "Households with Children" table, dont ya think?
The main interest is getting the breakdown into quintles so an individual taxpayer situation can be approximated rather than just a single aggregate figure.The main interest for y'all is to try and get people to believe that EVERYONE would be better off under the FairTax -- but that's just pure snake oil.
The nrst base is larger, so we'll all pay less (all of us legally participating in the income tax system anyway).