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To: higgmeister
It does greatly increase the base by including those within the shadow culture who currently pay no taxes.

According to FairTax lore, these people pay 22-23% embedded taxes on every purchase they make at retail right now. It is hidden in the cost of the good or service, but if the shadow people didn't make the purchase the thing wouldn't be made and the tax wouldn't get paid to the FedGov.

The prebate is a monstrosity that will do more to foster government dependence and put people at the beck and call of politicians than anything imagined by Marx. And future pols would tamper with that for class warfare, vote-buying reasons-- you can be sure of that.

162 posted on 08/16/2007 10:56:15 PM PDT by RobFromGa (FDT/TBD in 2008!)
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To: RobFromGa
According to FairTax lore, these people pay 22-23% embedded taxes on every purchase they make at retail right now. It is hidden in the cost of the good or service, but if the shadow people didn't make the purchase the thing wouldn't be made and the tax wouldn't get paid to the FedGov.

Excellent point!

200 posted on 08/17/2007 5:55:05 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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