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To: Knock It Out

But keep in mind under the FairTax (unlike with the income tax) that not everything is taxed so that the effective tax rate is much lower than even the 23%.


433 posted on 01/21/2008 7:56:33 PM PST by baybabe
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To: baybabe
This line of argumentation (direct comparison to IT through rate) is very problematic. There are such huge differences that only consideration of individual cases is appropriate.

All of the "in the aggregate" is fine for economists, but the rest of us are like gamblers. We either win or lose. The gov't gets the "house" take as do studies of people in the aggregate.

440 posted on 01/21/2008 8:02:30 PM PST by Paladin2 (Huma for co-president!)
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