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To: baybabe
and incorrectly so since many expenditures are not taxed under the FairTax

Which ones?

What about services? I don't pay a tax on my doctor visits. Will I under the FairTax?

673 posted on 12/30/2007 3:35:29 PM PST by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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To: Toddsterpatriot
I just plugged in the numbers for my wife and I after we do our planned early retirement into the "FairTax Calculator"(http://www.fairtaxcalculator.org), and the "FairTax" would result in an increase of about 19% in Federal taxes over the system we have now.  No thanks!!
677 posted on 12/30/2007 3:46:04 PM PST by Drago
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To: Toddsterpatriot
I don't pay a tax on my doctor visits.
You certainly do, but I agree that you seem blissfully unaware of that. You've paid taxes on everything you spend there in the form of income tax.

For every $100 you pay the doctor, you actually had to earn a bit over $130 at the 28% income tax rate and pay the income tax thereon to have the $100 to fork over to Dr. Kildare.

679 posted on 12/30/2007 3:49:24 PM PST by baybabe
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