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To: Aristotelian
Thus if the Defense Department buys a tank that now costs $1 million, the manufacturer would have to add the FairTax and send it to the Treasury Department. The tank would then cost the federal government $300,000 more than it does today, but its tax collection will also be $300,000 higher.

This legerdemain is done solely to make revenues under the FairTax seem larger than they really are

The fairtax expert economists are experts of smoke and mirror accounting principles. It is no wonder they show prices decreasing, paychecks raising, and every person in the known universe benefiting from the fairtax. It is all an accounting illusion.

11 posted on 08/26/2007 5:18:00 AM PDT by Always Right
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To: Always Right
re: # 11

Read the book.

50 posted on 08/26/2007 6:35:34 AM PDT by Turret Gunner A20 (The dumbest people I ever met, I met in college.)
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To: Always Right
The fairtax expert economists are experts of smoke and mirror accounting principles. It is no wonder they show prices decreasing, paychecks raising, and every person in the known universe benefiting from the fairtax.
And all that makes taxes more visible to the ones who never looked at their check stubs or a tax return they had to sign too. < /sarcasm >
83 posted on 08/26/2007 7:40:12 AM PDT by lewislynn (What does the global warming movement and the Fairtax movement have in common? Disinformation)
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