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To: Sprite518
You make a lot of assumptions too. For one thing taxes are different in every state, and you are saying every state has the same tax code.

I realize that, that is why I took the total of what states collect now of income and sales tax and averaged it out what a typical state would have to charge to make up for that revenue. My analysis is rock solid.

715 posted on 06/12/2005 9:12:26 AM PDT by Always Right
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To: Always Right

You can't do that way, and you know it. Look I don't not want to have to teach you basic econ 101. Trust me your point is as solid as water.


717 posted on 06/12/2005 9:15:10 AM PDT by Sprite518
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To: Always Right

"Rock solid"??? You're joking, right???

Once the FairTax becomes law many of the states will go to a conforming state sales tax and the sales tax rate will greatly decline in most states to quite a bit less than half its present figure. In CA, for example I think it would drop from 7.75% down to the 2% or 3% range.

So taking existing rates and calculating an "average" is like mixing fleas and giraffes. The number is pretty meaningless.


750 posted on 06/12/2005 11:11:57 AM PDT by pigdog
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