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To: robertpaulsen
Since you don't really lay out any specifics it's difficult to see what you're talking about but for the most part "the poor" don't pay that high a rate under the income tax presently.

The effective tax rate would typically be much lower for everyone under the FairTax than under the income tax and most would benefit greatly.

421 posted on 01/21/2008 7:40:32 PM PST by baybabe
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To: baybabe
"Since you don't really lay out any specifics it's difficult to see what you're talking about but for the most part "the poor" don't pay that high a rate under the income tax presently."

I'm not referrring to the poor filing a 1040.

The poor are paying the embedded (or hidden) taxes in everything they buy today. The retail price of a product or service today contains corporate and employee taxes. The poor are not receiving a prebate today to offset these taxes.

The Fair Tax (supposedly) makes these hidden taxes visible so people see exactly how much they're being taxed. Right? Isn't that what we're being told?

So why do the poor (and the rest of need) need this prebate to offset some of the taxes? Well, we know why. And we ain'y buyin' it.

513 posted on 01/22/2008 4:14:20 AM PST by robertpaulsen
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