No, I can see it isn't a question. It is just an incorrect conclusion.
You can't seem to get it through your head that the SS administrators are going to simply tell Congress how much money they need -- calculated based on the equivalent of the revenue raised from the old rates.
As long as the FairTax 23% raises enough total revenue to cover the SS obligations as well as all other obligations previously funded by income and payroll taxes, there is no "missing" 7.65%.
You can't seem to get it through your head that the SS administrators are going to simply tell Congress how much money they needNope, you're wrong as usual. I'll have to post it again.
`(3) COMBINED FEDERAL TAX RATE PERCENTAGE- The combined Federal tax rate percentage is the sum of-- `(A) the general revenue rate (as defined in paragraph (4), andNot one word about "simply telling Congress how much money they need".`(B) the old-age, survivors and disability insurance rate, and
` (C) the hospital insurance rate.
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`(d) Old-Age, Survivors and Disability Insurance Rate- The old-age, survivors and disability insurance rate shall be determined by the Social Security Administration. The old-age, survivors and disability insurance rate shall be that sales tax rate which is necessary to raise the same amount of revenue that would have been raised by imposing a 12.4 percent tax on the Social Security wage base (including self-employment income) as determined in accordance with chapter 21 of the Internal Revenue Code most recently in effect prior to the enactment of this Act. The rate shall be determined using actuarially sound methodology and announced at least 6 months prior to the beginning of the Calendar year for which it applies.
`(e) Hospital Insurance Rate- The hospital insurance rate shall be determined by the Social Security Administration. The hospital insurance rate shall be that sales tax rate which is necessary to raise the same amount of revenue that would have been raised by imposing a 2.9 percent tax on the Medicare wage base (including self-employment income) as determined in accordance with chapter 21 of the Internal Revenue Code most recently in effect prior to the enactment of this Act. The rate shall be determined using actuarially sound methodology and announced at least 6 months prior to the beginning of the calendar year for which it applies.
`(f) Assistance- The Secretary shall provide such technical assistance as the Social Security Administration shall require to determine the old-age, survivors and disability insurance rate and the hospital insurance rate.
What part of "shall be determined by the Social Security Administration" and "shall be that sales tax rate" confuses you?