[pepperdog]

Regardless of the system used 30% is an abomination! Just think THIRTY PERCENT! Almost one third of every dollar in your pocket. And then you still have the city, county and state taxes. Ugh!

[Man50D]

Regardless of the system used 30% is an abomination! Just think THIRTY PERCENT! Almost one third of every dollar in your pocket. And then you still have the city, county and state taxes. Ugh!

The federal income tax is an abomination considering on average people fall into the 15% income tax bracket, pay 7.65% in payroll taxes, 7.65% employer matching plus hidden business taxes and associated compliance costs. It adds up to far more than 30%!

The 30% tax exclusive rate of The Fair Tax, that is the same dollar amount collected as the 23% tax inclusive rate of the income tax, will be reduced due to the prebate not to mention the increase in purchasing power for people as they will receive more in their paychecks after federal income taxes are abolished.

[baybabe]

Ugh yourself. Please lear whereof you speak. The tax is not 30% but 23% tax inclusive as a comparative figure to your rate under the income tax.

You seem to fall for the pretense that it is 30% and paid on everything. Neither lie promulgated by opponents is true and in fact your effective tax rate under the FairTax will almost always be lower than it is under the income tax.

[phil_will1]

“Regardless of the system used 30% is an abomination! Just think THIRTY PERCENT! Almost one third of every dollar in your pocket. And then you still have the city, county and state taxes. Ugh!”

Right! It is much better to hide the true cost of government, than to put it in everyone’s face, wouldn’t you say? The current system is outstanding in that regard.