Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: pigdog
it's revenue neutral so raises the same funds as today's archaic tax system.

No it isn't revenue neutral.

First, they have to collect the money to pay the socialist prebate entitlement, that is a significant increase in the government collections.

Second, they have to increase the amount of money collected so they can pay the FairTax, this hasn't yet been acknowledged by the FairTax organizations, but it is true nonetheless.

So, the government collections under the FairTax are significantly larger than todays collections. Hence, it's not revenue neutral.

257 posted on 09/24/2006 12:15:59 PM PDT by RobFromGa (The FairTax cult is like Scientology, but without the movie stars)
[ Post Reply | Private Reply | To 255 | View Replies ]


To: RobFromGa
The statement of revenue neutrality is backed by several well-recognized economists who all derived the figure of 22 to 24% ti of revenue neutrality.

I understand that with your willingness to do or say anything to oppose the FairTax that you can't/won't accept that ... but there it is!!

285 posted on 09/24/2006 1:50:22 PM PDT by pigdog
[ Post Reply | Private Reply | To 257 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson