My oh my...you have no evidence that I ever said any untruth about the FairTax except what you hallucinated.
But here is evidence once again that you’re a scam RobFromLooneyVille. Let readers see for themselves.
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Here it is for all to see:
http://www.freerepublic.com/focus/news/1887973/posts?page=400#400
And here is my response:
http://www.freerepublic.com/focus/news/1887973/posts?page=429#429
And just to be clear, your FT basher idiot author made the claim in the first link above:
“Finally, I hit paydirt. It turns out that a married couple with two children who rented their home and made $40,000 would, under the Fair Tax, pay $860 a year more in taxes than they do today.”
And when I checked, it was absolutely false. And I pointed it out to you in the second link above. I had gone ahead and verified the calculation and found this basher of yours had lied, hallucinated, committed gross error or all three.
But the point was you did not apologize. Instead you are just as cocky and errant as you have been as a FT heckler and basher for so long.
And for those that haven’t been driven away by scum bashers of the FairTax on this thread, you can do the calculation for yourself here:
http://www.fairtax.org/site/PageServer?pagename=calculator
The results for RobFromGA’s idiot author example of a married couple, two children, employed and filing jointly earning gross of $40,000, no deductions, no purchasing of used items (makes the FairTax result worse), paying $1,510 in federal income tax, assuming an average 20% reduction of pre-tax price in retail products and services, the results are:
With the Fair Tax, you get:
25.62% MORE spendable income.
$7,045.95 MORE purchasing power.
$7,304.68 LESS federal taxes.
And yet RobFromGa’s idiot author claims to have hit ‘paydirt’. And yet still RobFromGa never apologized, never admitted to failing to check the author’s veracity. never nothing.
In other words, RobFromTheLocalNutHouse is a useful idiot to other idiots.
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Looneyville huh... that’s pretty creative.
Your belief that a family of 4 earning $40,000 per year can have $7,000 more purchasing power under the FairTax is what is a hallucination.
As I said before the chances of prices going down 20% would only happen if your wage earners didn’t get to keep their whole paycheck but only what they get now in takehome.
And the rate of 30% is not correct either they have left out the fact that government has to pay the FairTax on all its purchases from defense spending to Medicare spending to government salaries...
With the Fair Tax, you get:Fairtax fantasy or another Fairtax lie.
25.62% MORE spendable income.
$7,045.95 MORE purchasing power.
$7,304.68 LESS federal taxes.
Using your scenario on the Fairtax calculator YOU linked to:
under -"current"-the "true purchasing power" of $34,430 is 98% of the $35,430 "spendable income"
Under the phony Fairtax, even after injecting the $6,297 entitlement of someone elses money, the "true purchasing power" of $34,546 is only 75% of the grossly inflated handout of $46,297...
"Curently" by your own calculator, $40,000 gives me $34,546 "true purchasing power"
Under the phony Fairtax I have to have $46,297 (a 15% handout from the taxpayers) to gain $116 "true purchasing power"
Even after robbing their neighbor of over 6K their "true purchasing power" (Fairtax words not mine) only increased $116...where's the rest of the $6297 Einstein?