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re: National Sales Tax - why not?
Posted on 12/3/16 at 1:31 pm to DavidTheGnome
Posted on 12/3/16 at 1:31 pm to DavidTheGnome
quote:
I'm not very familiar which the proposed mechanics, how does it do this?
The Fair Tax does uses actuarial numbers to determine basic needs of food, housing, etc for a family of 'whatever' and they get a prebate for that amount.
As a poster above said the Fair Tax makes the progressivity argument moot. The problem still remains that you would have to pass a repeal of the income tax before implementing it. Otherwise politicians would just add the sales tax to the current tax structure.
Posted on 12/3/16 at 1:40 pm to Zach
quote:
The Fair Tax does uses actuarial numbers to determine basic needs of food, housing, etc for a family of 'whatever' and they get a prebate for that amount.
A prebate meaning the government pays them for the taxes they are supposedly going to spend before they do so?
This post was edited on 12/3/16 at 1:41 pm
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