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Flat Tax: what %? help me answer "fairtax" tricks [View All]

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Home » Discuss » Topic Forums » Economy

oscar111

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Tue Aug-02-05 09:35 PM
Original message

Flat Tax: what %? help me answer "fairtax" tricks

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a pen pal has fallen for the site fairtax.com.

Pls help me with the rebuttal - i seem to recall that the result would be a 27% sales tax, but i also seem to recall the number 37%.

What is the correct number?

My rebuttal is that income and sales ...total tax combined, for average folks,... is around 21 percent. Vs top rate, 44.

so most of us would have a HIKE of six percent. A tax shift onto us.

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