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To: lucysmom
"If the taxpayer has "little idea how much he pays", he is either impaired, or just doesn't care."

I don't think I'd insult the taxpayer like that, but you're welcome to your opinion.

I believe the effect of a pay period notification (for those who actually get such ... and not every taxpayer does, you'll perhaps note) or a one time each year (after the withholdings have been withheld - and which you can do nothing about IAE) is quite different and far less immediate than paying the FairTax upon purchase. Buying, say, an item whose untaxed price is $77 and having to shell out $100 at the cash register will definitely be noticed more quickly. The fact that it's actual cost to the taxpayer is less due to his much lower effective FairTax tax rate will be appreciated by the taxpayer but he'll certainly note the tax-inclusive amount and be reminded how much (in addition to the item cost itself) "his" government costs.

And he'll do this time after time after time each and every time he purchases taxable things - and he need not save the receipts to notice.

"I don't think even the most pessimistic projections anticipate that."

Perhaps I should have included a smiley after that comment since it was intentionally ironic, but some of the projections are not greatly far from that. The point is S/S is going broke and that we'll soon be out of sufficient wage income to fund it. Originally with S/S, there were many, many workers supporting 1 recipient, now there are something like 3 or 4 and the number is rapidly dwindling.

Since S/S is not the topic of this thread I have no intention of pursuing the subject since it per se is not the point. The point is that the funding source is drying up - and quickly. Certainly Congress realizes this and this merely gives another reason to have the FairTax to give us some time to - hopefully - eliminate the whole thing and let people invest for themselves to obtain their own old folks income. You and I may not live long enough to feel the effects, but perhaps our kids/grandkids will, But then again, if Congress gets off its collective duff and brings the FairTax law into being perhaps we'll benefit too. I've noted that Congress CAN be slow to do things sometimes (there's an implied smiley there).

"What happened to all that talk about lower effective tax rates and more disposable income you've been promising."

Happened??? Nothing at all. It's still right there in bill form as HR25/S25 in front of the elected representatives of the American voter waiting for sufficient notice by the assorted politicians in DC to act upon it and give us the tax law we want and deserve rather that keep the abomination we now have which violates - AT THE VERY LEAST - the spirit (if not the actual practice) of FREEDOM. It'll happen!!!

153 posted on 09/19/2006 8:05:45 AM PDT by pigdog
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To: pigdog
AT THE VERY LEAST - the spirit (if not the actual practice) of FREEDOM. It'll happen!!!

Yes, the FairTax paradox - freedom is a sense of oppression.

154 posted on 09/19/2006 8:42:43 AM PDT by lucysmom
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