Monday, September 3, 2007

FairTax Revisited

Why the 23% sales tax is not really a 23% sales tax and not progressive



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1 comment:

Anonymous said...

Another piece of manure from someone who does not understand math or even what he is talking about. One example. Narrator claims the government pays taxes on its on expenditures without any offsetting compensation. In fact, the government is purchasing products and services after removal of the embedded tax and any taxes it pays is going straight back into the treasury. And what about the $200M the government saves each year on not paying FICA and Medicare taxes on its employees? Too many other misstatements to comment on.