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?
To: robertpaulsen
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?
You clearly do not understand the Fair Tax will tax a much broader base of taxpayers than the personal income tax, including the 50% that don't pay personal income taxes, not to mention all the personal income tax loopholes with our current oppressive tax system. Collecting from that 50% and eliminating all the Personal income tax loopholes will enable the Fair Tax to be revenue neutral.
81 posted on
04/23/2006 6:52:55 AM PDT by
Man50D
To: robertpaulsen
One of your more ignorant questions. You don't seem to realize that your pie chart includes a good deal of business income tax from non-corporate sources in what is labelled "Individual Income Taxes".
The upshot of that is that your pie chart is incorrect AND misleading. It also means your entire post makes no sense.
93 posted on
04/23/2006 12:15:17 PM PDT by
pigdog
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