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To: RobFromGa
"... The FairTax adds to this problem greatly by making government much larger through the addition of the huge welfare prebate, which would overnight be the largest entitlement program ..."
Not true. The Tax Panel statement is nonsense as has been shown several times when hey claimed incorrectly that the "cost" of the prebate was $600 billion. They arrived at that figure by artificially inflating the tax rate (and, remember it wasn'Teven he FairTax they were reviewing) FAR beyond the actual 23% rate which would have a corresponding amount of $429 billion rather than $600 billion and that is ignoring the $725 billion under the present tax system currently being spent on loopholes and tax exemptions. The $429 billion is amply covered by the 23% tax inclusive rate in any event and is not an added-on amount.

In addition, the prebate goes directly to the taxpayer not to expand the size of government as you claim. Indeed the FairTax fixes many of the ills that most people (aside from a small handful such as you and your cronies) know prevail in the present tax system.

98 posted on 09/23/2006 12:14:42 PM PDT by pigdog
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To: pigdog

The FairTax is not under serious consideration by anyone, it has more holes than Sean Penn's rescue boat. And bailing won't help, it just needs to be scuttled. No one is fooled by the phony numbers any more...


100 posted on 09/23/2006 12:18:13 PM PDT by RobFromGa (The FairTax cult is like Scientology, but without the movie stars)
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To: pigdog
The $429 billion is amply covered by the 23% tax inclusive rate in any event and is not an added-on amount.
Where did you get the $429 billion amount. I bet if you check the same source you would see that the 23% rate doesn't cover everything.
142 posted on 09/23/2006 4:00:17 PM PDT by Your Nightmare
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