LOL!
Many of the FairTax supporters felt the reduction would be greater but to move the discussion along also settled on using the 9%.
Oh, they felt. Well, I couldn't ask for more proof than that.
Ive been lurking for a long time and only recently started posting so I had no screenname to use on earlier threads.
LOL!
What have you calculated your effective FairTax rate to be?
For medical services, my rate rises from 1.45% to 30%. Great deal for me!
Does “LOL” mean “Lick Our Lollipop”???
There were many discussions offering numerical analysis as to why the believed it should more while you’ve offered no such thing except to state an obviously wildly erroneous effective income tax rate. Talk about proof!!!
And as pointed out, your effective tax rate under the FairTax is less than under the income tax.