First, realize that the rebate is what makes the Fair Tax progressive. With the tax rate fixed, the progressiveness of the tax is directly proportional to the amount of the rebate which is directly proportional to the poverty level. Therefore, the higher the poverty level, the more progressive the tax; the lower the poverty level, the less progressive the tax.
Now consider this video I saw on youtube:
http://www.youtube.com/watch?v=zPkTItOXuN0
It basically describes how the BLS is using several methods to misrepresent GDP and the CPI. This worries me a lot because an understated CPI from the BLS will cause the HHS to understate the poverty level which, in turn, will reduce the Fair Tax rebate. I want nothing to stand in the way of getting the Fair Tax passed as soon as possible but, I also don't want anyone to ruin it afterwords. Beware the BLS.
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