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To: pigdog
Most retirees would have very low effective tax rates under the FairTax and, since prices will decline with the removal of income taxes, will do very well since their purchasing power will actually be increased under the FairTax.

Again with the BS. Prices go up after your little 30% tax is added. No one on this planet is buying that line anymore. Retirees will be the most screwed folks under the fairtax.

91 posted on 09/19/2006 12:34:37 PM PDT by Always Right
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To: Always Right
You seem to have missed the point that you and your colleagues have agreed that there will be a 9% price drop with the removal of the income tax. I doubt that qualifies as "BS", but perhaps you think so.

You're more than welcome to show using actual numerical examples with verifiable publicly available data just exactly what happens to the comparative purchasing power (IOW disposable personal income) between the income tax and the FairTax.

FairTax supporters have done this many times on these threads and the results almost always favor the FairTax. And retirees will do just fine as has been shown. So "claim" whatever you like - merely show us the numbers to back up your claims.

102 posted on 09/19/2006 1:45:39 PM PDT by pigdog
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