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To: Kellis91789

Neither version asks the proper question:

1) Would you prefer to pay $30,000 out of your $60,000 take home pay for your new Toyota AND PAY YOUR CURRENT MARGINAL FEDERAL TAX RATE OF APX. 13% (ed note: my guess)? 2%

or

2) Would you prefer to pay $39,000 out of your new $90,000 take home pay for your new Toyota AND PAY NO FEDERAL INCOME TAX? 98%


123 posted on 12/21/2005 6:07:59 PM PST by freedumb2003 (American troops cannot be defeated. American Politicians can.)
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To: freedumb2003

My $60,000 number and $90,000 figures were intended to show the difference in take home pay -- the former including income and payroll taxes, and the latter no income or payroll taxes.

In other words, starting with a $90,000 gross income in both cases, under the current system a single person might take home $60,000 and then have to go buy the Toyota. So your taking away an extra 13% is superfluous.

If arguing for the FairTax, inflating the numbers causes skeptics to assume all your numbers are wrong. So it is best to keep numbers accurate and conservative.


140 posted on 12/21/2005 11:02:27 PM PST by Kellis91789 (Rome didn't build a great Empire by having meetings. It did it by killing all who opposed it.)
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