Kotlikoff makes it clear in his testimony that the 30% inclusive rate is required
Ahhh a rate set on expectations of spending rather than revenue neutral conditions, for reforms expected to replace current law and revenue receipts only.
You are aware are you not that tax reform legislation is acually supposed to be predicated on current law it is replacing tax reform bills try to adhere methods rather than lowering or raising the amount of taxation in order to to take tax rates out of the political sniping to concentrate on changing how taxation occurs rather than how much taxes to raise which is a budget issue not a basic tax reform issue.
You may want to fight budget battles, or raise taxes. However, that is to the intent or purpose of the Flat Tax legislation nor the Fair Tax NRST for that matter.
Budget battles and raising or lowering intinsic levels of taxation is a question best answered in the budget process, not in a taxreform measure with objectives to replace current law rather than propose increases or decreases on the level of taxation in the nation.
Ahhh a rate set on expectations of spending rather than revenue neutral conditions, for reforms expected to replace current law and revenue receipts only.That's because a significant portion of the "revenue" the FairTax generates isn't just "revenue," it's an expenditure also. It's just the federal government giving themselves money. Your buddies at the AFT counted the revenue but seemed to forget to increase expenditures to allow for paying the sales tax. That is Enron accounting.