All Blog Posts Tagged 'Prebate' (3)

The popular FairTax Calculator (the long name is FairTax Rate and Real Dollar Calculator) has been updated to reflect the Health and Human Services (HHS) official Poverty Level thresholds for 2016.

The new HHS poverty level thresholds were just released and those changes are now reflected in the FairTax Calculator. This year, HHS threw us a curve, but it was…

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Dear fellow FairTaxers,

Our founding fathers instinctively knew the evils of an income tax.  They knew from history how such a system could easily be manipulated to pit one group against another.

More importantly, they knew how an income tax could infringe on individual freedom.  Freedom was the most important element in our country's founding.  So, they prohibited an income tax in our constitution.

But, after several attempts in the late 1800s by politicians who…

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The prebate is an integral part of the FairTax, and essential to one of the fundamental principles upon which the FairTax is built, namely an individual’s right to the fruits of their labors comes before any claims the federal government might have upon that person.  In other words, under the FairTax, citizens are allowed, and expected, to take care of themselves and their families first, and then, after those expenses are addressed, provide a portion of their “extra” resources to fund the… Continue