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To: robertpaulsen
They can increase the prebate 20% (in an election year, of course) without increasing the Fair Tax rate...

Yes, they could - and I'd like that! But why would they?

If they increase the rebate everyone gets a tax cut...and so would everyone else!

...it's not necessary to "offset" taxes for the poor.

I agree - and the income tax does it, but the nrst doesn't. The nrst exempts ALL spending below poverty level for everyone rich and poor alike. Income is not related to the rebate on necessity spending.

78 posted on 09/03/2007 3:22:18 PM PDT by Principled (Vaporize the "Divide and Conquer" taxes - Have everyone pay the same marginal rate!. NRST!)
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To: Principled
"Yes, they could - and I'd like that! But why would they?"

For the same reason they created (and keep raising) the Minimum Wage -- to get votes.

"I agree - and the income tax does it, but the nrst doesn't."

Are you referring to the EITC?

91 posted on 09/03/2007 4:28:53 PM PDT by robertpaulsen
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