“In reality there will be millions, and not just bums.”
Ok hotshot. Let’s see where you get ‘millions’ from. List your references and back up your claims.
I think you’re blowing out some smelly substance from your back-end. I’ll bet most people believe likewise except for your fellow useful idiots.
So show me I am wrong. I want to see you come up with a credible source that cites that millions of independent adult Americans have less that 2x the rebate or $392 a month to spend.
Waiting.....tick tick tick
Still waiting Filo!
Did you give up?
You should. Because you dug yourself into a hole that you cannot climb out of.
Here I will answer for you since you have wisely chosen to give up.
From this link:
http://www.nytimes.com/2008/07/30/us/30homeless.html
the number of chronically homeless is less than 200,000. Let’s say they all get a rebate of $196 per month, the maximum allowed for an individual using the 2007 poverty line.
And assume that these homeless don’t spend one dime on NRST taxable items, so they keep all of their rebate of $196 and if they spend any of it, they spend it on NRST non-taxable items such as used blankets, clothes, etc.
200,000 x $196/mo. = $39.2 million per month or 470.4 billion per year, less than a half billion.
Now if any of these 200,000 spend any of their rebate on NRST taxable items such as food or rent, then the amount above of $39.2 million will be much less.
But as there is no source for more people living in such squalor (having less than $392 per month to spend for all necessitities), then the only way you can justify the existence of ‘millions’ of such people is to ‘imagine’ them into existence.
Isn’t that true Filo?
You have to ‘imagine’ millions collecting more revenue than they create by retail spending, right?
Yeah, you have to ‘hallucinate’ these millions into existence, right?
Yeah right! Damn right!
In order to back up your claim that the FairTax Rebate is a massive socialist wealth distribution scheme, you have to ‘hallucinate’ millions of people into existence that would be taking more in rebate than they every generate through consumption.
And these people do not exist! Except in your mind!
Ergo, the FairTax is not a socialist wealth distribution system.