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-...