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To: Rakkasan1

I think you got the other message wrong.

Our current system brings the most burden on the most ambitious. Thus if the poster worked 80 hours per week, his or her tax burden would be much more than someone working 40 hours per week.

Under the new system, which doesn't tax ambition, people would be free to work as much as they want, and not be burdened for their ambition. If you work for 80 hours a week, you only have to pay as much tax as you would normally working 40.

I too would work 80 hours per week. You can build up a retirement account much easier under those conditions.


21 posted on 11/15/2004 7:26:28 AM PST by GopherGOPer
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To: GopherGOPer

I'd just like to have the option. I could opt to spend more time with family by working 40-50 hrs a week and still
keep the same amount of money as I do working 80 hrs a week under the current piece of turd system.


27 posted on 11/15/2004 7:33:24 AM PST by Rakkasan1 (Justice of the Piece: Hope IS on the way...)
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To: GopherGOPer
"If you work for 80 hours a week, you only have to pay as much tax as you would normally working 40."

Not really -- under the Fair Tax, the taxes an individual pays would be dependent on how much said individual CHOOSES to spend on personal consumption.

Taxes under the Fair Tax regime have no relationship to earnings, only consumption. That is why is is called a "consumption tax."

77 posted on 11/15/2004 11:36:50 AM PST by Taxman (So that the beautiful pressure does not diminish!)
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