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To: baybabe
The net amount of the bill including FairTax as in your example would be a decline from $100 to $85.56

No, let's leave any prebate out of it. What is the increase, you know, the line item on the bill that says, "This is your Federal Fairtax"?

Let's start over, my doctor charges $100 for a visit. He hands me the bill. The first line says, Doctor Visit, $100.

The second line says Federal FairTax $---.

What is the amount on the receipt for the tax. Keep in mind, the doctor doesn't know my effective rate.

It shouldn't be that hard for you to tell me.

768 posted on 01/10/2008 11:47:35 AM PST by Toddsterpatriot (What came first, the bad math or the FairTaxery?)
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To: Toddsterpatriot
No, let's leave any prebate out of it.

I'm sure you'd like to do that to prove your warped point, but the prebate is just as much of the FairTax as is the 23% tax inclusive rate. Each individual has the option of NOT receiving the prebate but folks like that will not be typical at all. The prebate is considered just as is your income tax refund.

As I told you, the seller needn't know your effective rate - but if you have any sense you will so you can see how what the consumption is actually costing you - in the case you dreamed up, a reduction from $100 to $85.56.

Naturally that doesn't fit your FairTax attack, but it happens to be true.

779 posted on 01/11/2008 1:27:17 PM PST by baybabe
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