[Toddsterpatriot]

Funny I wasn't aware the Fair Tax has passed. You are ASSUMING 30%.

I'm discussing the FairTax, where a $100 item would cost $130 after the tax is added.

Wouldn't a 30% Fair Tax be better than a 60% income tax?

For sure, especially when prices stay the same, income taxes are 0% and I get a prebate. LOL!

The debate is not over the rate but the concept.

And you need numbers to examine the concept.

Would you rather pay an income tax or a sales tax?

It depends.

Remember, Congress can change any of the rates whenever they like.

Even with a sales tax? I'm shocked!

With a sales tax, YOU decide how much you will pay by making choices.

You can do the same, up to a point, with your income.

With an income tax, the government decides how much you will pay.

And now that I saved after tax money, I should happily pay a new sales tax when I spend it?

[AppyPappy]

You can do the same, up to a point, with your income.

Really? How?

[baybabe]

As has been pointed out many times (and by many on these threads over the years) - it isn’t a “$100 purchase”. It’s more like a “$128 purchase”. Get your concepts straight.