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To: Issaquahking

If we are all paying 40% now, how does a 23% tax replace all that money?

Congress tinkered with the income tax - what makes you think they wouldn’t tinker with the sales tax & ‘pre-bates’?


122 posted on 12/24/2007 9:08:28 AM PST by Mr Rogers (Huckabee - the Republican John Edwards)
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To: Mr Rogers
If we are all paying 40% now, how does a 23% tax replace all that money?

First, the taxable income base is smaller than the consumption base so the rate can obviously be lower. Second, illegals don't pay their share, criminals don't pay their share, and current tax cheats aren't paying their share either. THe nrst remedies those situaitons by collecting when people spend, not when they earn.

133 posted on 12/24/2007 9:17:54 AM PST by Principled (Vaporize the "Divide and Conquer" taxes - Have everyone pay the same marginal rate!. NRST!)
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To: Mr Rogers
Take a look at your paycheck if you work for someone else...

15.4% to social security till $97,500

6.2% for unemployment insurance

That's before Federal income tax, or state right now!

I'd recommend getting the book and give it a read.
134 posted on 12/24/2007 9:18:40 AM PST by Issaquahking (N.H. FNC Debate "What did you do for America today?" Duncan Hunter for President!)
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