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To: Filo

Who is getting more than they pay Filo? Who? Give us some credible examples Filo.

Who is spending so little that they pay less FairTax NRST than they collect in a monthly rebate? Who?

A 23% FairTax NRST rate results in a monthly rebate check of about $196 for an individual adult Filo. That means $196 is 23% of an assumed level of spending at the poverty line. Do the arithmetic Filo and tell us how a person can exist by spending so little as to profit from a rebate check, and then tell us HOW MUCH you believe THEY CAN PROFIT PER MONTH by spending less and collecting a $196 rebate. Give some estimates Filo. You do have back-up for your hallucinating spew don’t you?

Should be easy for you because after all you’ve been on these FairTax threads telling everyone how smart you are. Shouldn’t take you but a few minutes to do the math.

Waiting....tick tick tick....


256 posted on 05/12/2009 4:45:07 PM PDT by Hostage
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To: Hostage
Who is getting more than they pay Filo? Who? Give us some credible examples Filo.

You really aren't all that bright, are you?

As I've already said in this thread, anyone whose entire income is the prebate and anyone who is making less than 2x the prebate is paying less in taxes than they are being given.

It's really simple math, fool.

If the annual prebate was $100 and the tax rate is 30% then someone given $100 and spending it all would pay $30 in taxes for the year.

Someone earning $200 a year, getting a $100 prebate and spending it all would be paying $90 in taxes.

In both cases these folks are being given free money - they are paying less in taxes than they receive.

Is that really so hard?

A 23% FairTax NRST rate results in a monthly rebate check of about $196 for an individual adult Filo. That means $196 is 23% of an assumed level of spending at the poverty line. Do the arithmetic Filo and tell us how a person can exist by spending so little as to profit from a rebate check, and then tell us HOW MUCH you believe THEY CAN PROFIT PER MONTH by spending less and collecting a $196 rebate. Give some estimates Filo. You do have back-up for your hallucinating spew don’t you?

That doesn't matter.

The point is that there will be people who collect more than they pay.

Should be easy for you because after all you’ve been on these FairTax threads telling everyone how smart you are. Shouldn’t take you but a few minutes to do the math.

Actually I'm spending far more time telling people how dumb you are.

Fortunately that's an easy sell.
264 posted on 05/12/2009 6:25:37 PM PDT by Filo (Darwin was right!)
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