Replace All Federal Taxes on Income with the Fair Tax Act , HR 25 and S 122
APPLES to APPLES
Critics of the FairTax love to beat us up about the exclusive rate being 30%. Has anyone ever figured out what the exclusive rate is for the income tax? It turns out in the affirmative. Beacon Hill Institute published in 2007, in a paper titled What Rate Really Works? that the inclusive rate would be 32.53% and the exclusive rate would be 48.22%.
http://www.beaconhill.org/FairTax2007/BHI-AEI-What-rate-works-2-28-...
Comment
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Comment by Robert Williams on April 2, 2012 at 9:29am -
Excellent!! Thanks Dave. Please remember to use the "Like" buttons and the Twitter link to share it with all your frineds. Let's get everyone involved. (c:
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