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To: pigdog
$600 billion as you continually misstate

Making things up again? I haven't used that number at all, it relies on a way too low FairTax rate (23% ti), since the "prebate" entitlement is equal to the FairTax that would theoretically be collected on poverty level goods and services, then a much larger FairTax rate makes the prebate cost grow in a linear fashion with the rate. If the rate is actually 50% higher, then the prebate program cost would be 50% higher.

107 posted on 09/23/2006 1:26:50 PM PDT by RobFromGa (The FairTax cult is like Scientology, but without the movie stars)
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To: RobFromGa
"Making things up again? I haven't used that number at all,"

Nope, making nothing up. You've cited extensively from the infamous Tax Panel Report and it is there that the claim was made about the $600 billion totalling up to be a huge "entitlement" (both the Panels words and yours) all the while ignoring the very obvious fact that the prebate was not "spending" in any normal sense of the word but a refund of tax money to taxpayers and that any "cost" (funds really) was already encompassed by the 23% revenue neutral rate.

Are you perhaps trying to compete with Mr. Gale in quoting the highest FairTax rate with no evidence? His quote with no evidence was "94%". You've got a ways to go.

120 posted on 09/23/2006 2:18:10 PM PDT by pigdog
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