That’s ridiculous! Ever if the government had to pay the fair tax it would not need more revenue because it would be receiving all the money back!
Read the bill, all governments pay the full FairTax on every purchase, salary and fringe benefit. State, local, Federal governments. Everything but education.
it would not need more revenue because it would be receiving all the money back!
Look at how they calculated the FairTax rate and where the money is coming from. A bunch of it is coming from the FedGov, they are counting the money that the FedGov pays as revenue. They also have the state and local governments paying a lot of FairTax revenue (so your state and local governments will be raising taxes substantially to pay the FairTax, but that is a digression)
But the FedGov don't collect enough total revenue to pay the FairTax on their purchasers, they just collect enough to pay the suppliers of goods and services and their employees and their fringe benefits. In order to have enough money to pay the FairTax back to themselves, they need to collect more.
If what you are saying were true, then there wouldn't be ANY FairTax revenue from the FedGov shown on the income side of the FairTax rate calculation. And there shouldn't be, but there is. And since there is, they need to collect enough money to pay the bills PLUS the FairTax.
That’s ridiculous! Ever if the government had to pay the fair tax it would not need more revenue because it would be receiving all the money back!They still have to collect it to pay themselves the increase.