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To: xc1427
But not everyone can do that sort of a writeoff (you’d said “anyone”, remember). And even so you didn’t answer my question relating to your effective tax rate under the IT.

It sounds as though all of those things you claim as writeoffs are properly business expenses and would not be taxed in any event under the FairTax.

I think you need to find out how it actually works rather than make unjustified assumptions.

652 posted on 12/30/2007 1:30:43 PM PST by baybabe
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To: baybabe

I was describing myself!!!! Anyone in the transportation industry (independent contractor status) who can legally write off a shitload of mileage (70% or more of gross income at 48.5 cents a mile) will through the OFFICIAL FAIR TAX COMPUTATION DEVICE/CALCULATOR will have less purchasing power!!! My personal status (calculated in triplicate) brought forth a NEGATIVE 2.8 percent of purchasing power and an INCREASE of 880 dollars in taxation.


701 posted on 12/30/2007 9:22:32 PM PST by xc1427 (It's better to die on your feet than to live on your knees...Midnight Oil (Power and the Passion))
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To: baybabe

By the way, I don’t make “Jack Shit!!!!” Nor do I make up the undigested corn in Jack’s shit!!! Nor I have ever created a colostemy bag for it. Quit being a HOGNOSTIC USED COLOSTEMY BAG!!!! I know more about my livelihood than you do.

The fact is, the fair tax works for most but not for all!!!!


720 posted on 12/31/2007 8:34:24 PM PST by xc1427 (It's better to die on your feet than to live on your knees...Midnight Oil (Power and the Passion))
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