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To: Cracker Jack; Mojave
believe the term is "revenue neutral", not "bring in the same amount of money". The FairTax, AFTER paying the prebate, results in a net tax to the Feds equal to what is now collected.
IOW, more has to be collected to pay the (GAG!) "prebate" than is collected now...I know that must be true because AFFT has a graph that shows more money paid out for negative taxes under the Fairtax than even the EITC.
293 posted on 02/16/2008 10:35:57 PM PST by lewislynn (What does the global warming movement and the Fairtax movement have in common? Disinformation)
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To: lewislynn
IOW, more has to be collected to pay the (GAG!) "prebate" than is collected now...

So the fake 23% rate is doubly false.

295 posted on 02/16/2008 10:39:52 PM PST by Mojave
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