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To: meyer
This is were the plan loses my interest. Any talk of charging different rates to different "classes" of people takes us right back to where we are now, punishing success while rewarding the lazy. As long as there's a redistributionist concept being presented, the tax scheme will NOT get my support.Tax all at an equal rate - period.

All we bill be taxed at an equal rate. Everyone will pay 23% at the point of purchase. The rebate is not a handout. It will reimburse people for taxes paid on necessities up to the poverty line. The rebate is tantamount to a tax refund that pays back people who pay too much in taxes. The difference is The Fair tax reimburses people before they pay the tax not after as our current oppressive tax code.
43 posted on 06/30/2007 6:10:48 AM PDT by Man50D (Fair Tax , you earn it , you keep it!)
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To: Man50D
The rebate is not a handout. It will reimburse people for taxes paid on necessities up to the poverty line.

In other words, it is a handout to people who's earnings are below the poverty line. And how is that poverty line determined?

The difference is The Fair tax reimburses people before they pay the tax not after as our current oppressive tax code.

The current tax code is only oppressive to the 50% or so of us that actually pay income tax. Of course, the complexity of the code is also oppressive. My thought is to simplify - 10% tax on all earnings. No deductions, no credits - all earnings to all people earning. No earned income credit, no poverty-level deductions. Everybody pays the same rate.

The code could be written on 10 pages instead of tens of thousands. Payroll deductions would be exact - 10%.

46 posted on 06/30/2007 6:51:06 AM PDT by meyer (It's the entitlements, stupid!)
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