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DKII said:
I think the main idea behind the 28% income tax changing to the 23% "Fair"Tax and still being revenue neutral is a little misleading, since revenue would go down but that the costs of administering the tax code would go down as well to offset that. Regardless if the number were 28% sales tax would that really suddenly eliminate your opposition to it?

You are shooting at the wrong target.  So is Andir, I think.  The overall tax rate is not going to change much, just the distribution of it.  Currently, (made-up approximations inbound!) many people pay 15%, many pay 25%, and few pay 35%.  Now, all will pay 23%, and of a different 100%, as well!  The numbers will even out overall, it's not a tax cut overall.  It's a tax cut for some (rich) and tax hike for others (middle class, including upper-middle class). 

And no I would not support the FairTax, whatever number you put on it.  But 28% might be a more accurate reflection of the necessary amount to be revenue-neutral.  (A different topic.)

Let's put this aside unless we want to deal with it in full detail right now.  If you would like to do so, my posts regarding the FairTax's distribution of the tax burden vs. that of our current tax system can be found further back. 


Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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