The nrst base is larger, so we'll all pay less (all of us legally participating in the income tax system anyway).Uhh, if the FairTax is revenue neutral, the size of the base doesn't matter. That only changes the rate, not the amount of taxes we are paying.
Uhh, if the FairTax is revenue neutral, the size of the base doesn't matter. That only changes the rate, not the amount of taxes we are paying.
The size of the base certainly does matter, as you note the rate falls for those paying taxes today.
As a consequence of a larger base reaching a greater proportion of the population, those paying taxes now pay less and realize a gain in purchasing power.
Those who have evading paying taxes in the past, pay more taxes in taxes through the purchase of goods and services. Lower tax rate spread across a larger base means the taxpayer of today has greater purchasing power due to that lower rate.
That is what we have said all along, and that you have denied all these years.
GEEZ
INDEED!!
Uhh, if the FairTax is revenue neutral, the size of the base doesn't matter. That only changes the rate, not the amount of taxes we are paying.IOW, when they reintroduce the income tax to compliment the Fairtax they can lower the Fairtax rate...or not.
They still don't understand what makes a "tax base". (all of us legally participating in the income tax system anyway).
You clowns are always crying about having to live with 60,000 pages of tax laws, how do you know you're legally participating, did you read and understand all 60,000 pages? Or maybe you just know all those 60,000 pages don't really affect you.