| Eomund said: phil: "Wow, so the people who want the tax passed are showing that it'll work. I'm sure everyone who has ever proposed a bad idea would do exactly the same. How about some independent analysis?"
Most of the independent analysis by the government is not independent either. The chart that Final Fan used earlier:
is not a valid chart and I explained it earlier, but I think I may have mis-stated my response. Here it is again. This chart is using data not based on HR-25 (aka The FairTax Bill). They used data that a council of sentors put together. HOWEVER they played with the numbers before they ran the data. The exempted food and medical expenses from the tax. They increased the rate to compensate for this effect. BUT THEY FAILED TO UNDERSTAND THAT THE PREBATE TAKES CARE OF THE TAX EXEMPTIONS! So this chart is an invalid representation of what the FairTax will represent. The FairTax itself is the most researched tax proposal to date. The original idea of the FairTax came from an independent study put together by two business men that wanted to know what the best way to reform our tax code would be. They researched the Flat Tax, which the business men thought would win, and the current tax code, the FairTax, the VAT, and others too. The FairTax come out as the winner. That group of economists were INDEPENDENT TO START WITH! Therefore your argument that "We need to see independent data" is no longer necessary. |
I don't care what two businessmen said. I want hard numbers from people who didn't invent the idea. If they're not offering up hard numbers as well as the methodology used to come up with said numbers, I'm not buying it.
That graph is the only independent data that we have. I trust the government to more reliably run the numbers than the people who are proposing the code.
