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To: Principled
I know. Someone suggested they be excluded up front. I'm fine with that. Whatever mechanism can be sold to get this done is fine by me.
527 posted on 11/06/2002 7:52:06 PM PST by Jim Robinson
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To: Jim Robinson; Principled
To: Principled ~~ I know. Someone suggested they be excluded up front. I'm fine with that. Whatever mechanism can be sold to get this done is fine by me. 527 posted on 11/06/2002 7:52 PM PST by Jim Robinson

I guess I could agree to "whatever mechanism possible" to get this sold, but speaking for myself I would much rather receive a flat $200 per-month, per-person "basic necessities" rebate and decide for myself what my "basic necessities" are, than let some politician decide what sorts of food and housing constitute my "basic necessities" (and next thing you know, clothing, and next thing you know, medical care, etc.... exemptions and loopholes as far as the eye can see).

For this reason, I strongly support the HR 2525 "Fair Tax" proposal over the exemption-and-loopholes "Alan Keyes Tax" variety, and I hope that HR 2525 is the Bill which actually goes forward.

Incidentally, assuming a 30% Sales Tax rate, with a $200 monthly rebate, persons earning less than $8000 per year would be living essentially Tax Free, and persons earning less than $17,000 per year would be paying less in Sales Tax than they are now under Payroll and Income Taxes. The Middle Class and Affluent will likely see little tax advantage (as the rebate is dependent on household size, Singles and smaller households might pay slightly more, large households might pay slightly less), but I am confident we'll make it back in Time-and-Effort savings.

542 posted on 11/06/2002 8:18:13 PM PST by OrthodoxPresbyterian
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To: Jim Robinson
Exclusing up front would make things much more complicated I think and involve a lot of legislation. I would prefer just everyone getting a rebate. Yes, that would involve some IRS-like agency mailing out checks (unless the states do it; I forgot what the FairTax bill provides for), but it would be MUCH less intrusive than now since that is all it could do; it could not intrude into people's lives. There would be no IRS, just a "tax agency" whose function was to control the money flow and send otu the rebates.
848 posted on 11/09/2002 2:26:54 PM PST by rwfromkansas
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