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Steve Keller · Joined: 13 May 2008 10:22 am Posts: 17

Karen,

I get so tired of hearing that the FairTax proposal is really a 30% tax not 23%. I don�t understand what is so difficult to understand. If you cut an apple into 100 pieces, and you give Bill 77 pieces and Joe 23 pieces, Bill got 77% of the apple and Joe got 23%. If something costs $1.00 the seller will receive 77-cents and Uncle Sam will receive 23-cents. Currently if the total amount of taxes withheld from your paycheck is 23%, your dollar just become a 77-cent dollar. If you buy something that cost $1.00 it will take one of your 77-cent dollars and 30% of another. If you say the FairTax is 30% then you must also say a 23% income tax is really 30%. If you say 23% is a deception of the FairTax, you must say a 23% tax under our current system is deceiving. When you add in all the imbedded taxes it really becomes deceiving. The bottom line is this; if we must pay taxes a consumption tax is the fairest way. It includes everyone and there is no double or triple taxation as there is under our current system. The FairTax is designed to be revenue neutral. If the rate needs to be 50% at least we know the cost of government. The more transparent the rate the better chance we have to curb government spending. If Congress tries to increase the rate, all those who vote for the increase will not be in office next term. All opponents of the FairTax need to wake up. This is why so many in Washington are against the FairTax. The FairTax will limit their power. As it is, taxes can be increased without the average American�s knowledge.

Walt Curtis · Joined: 02 May 2008 07:26 pm Posts: 7

The bottom line is this; if we must pay taxes a consumption tax is the fairest way. It includes everyone and there is no double or triple taxation as there is under our current system. The FairTax is designed to be revenue neutral. If the rate needs to be 50% at least we know the cost of government. The more transparent the rate the better chance we have to curb government spending. If Congress tries to increase the rate, all those who vote for the increase will not be in office next term. All opponents of the FairTax need to wake up. This is why so many in Washington are against the FairTax. The FairTax will limit their power. As it is, taxes can be increased without the average American�s knowledge.

Amen.

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