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To: robertpaulsen
So right now the U.S. Government is living off that 23% (from the production chain) plus another, what, 20-25% in personal income taxes?

And you propose to replace all that government income with just a 30% tax?

Are you starting to understand why you have no credibility?


Your figures are not credible when you consider the top 50% of income earners pay 96.54% of all taxes! The bottom 50% of income earners don't pay an income tax! Shifting taxes from income to consumption will force all income earners to pay some amount of tax at the point of purchase.
78 posted on 04/23/2006 6:21:48 AM PDT by Man50D
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To: Man50D
"Shifting taxes from income to consumption will force all income earners to pay some amount of tax at the point of purchase."

Yes, I understand. And they will pay that Fair Tax of 23% which replaces the 23% that is currently being collected throughout the production chain and paid by the corporations. I got it.

Now, what replaces the money the federal government was receiving from personal, not corporate, income taxes?


80 posted on 04/23/2006 6:42:51 AM PDT by robertpaulsen
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