With the Fair Tax, you get:
187.72% MORE
spendable income.
$52,485.10 MORE
purchasing power.
$54,747.13 LESS
federal taxes.
On 1/25/08, Tony <[EMAIL PROTECTED]> wrote:
> coolies, its done in flex.
>
> ok, im going to go do it.. report back in 5
>
> On 1/25/08, Cameron Childress <[EMAIL PROTECTED]> wrote:
> > What happens when you fill out the fairtax calculator (top left column)?
> >
> > http://www.fairtax.org
> >
> > I'd have substantially more money according to that calculator. I'm
> > curious to see if others would too.
> >
> > -Cameron
> >
> > morgan l wrote:
> > > Yeah, been there; read that. Sounds great, for people who spend < 60% of
> > > their income--you only get taxed on 60% of your income. Those of us who
> > > spend closer to 100%, or even more than that with credit, are screwed. Ok,
> > > so if they're spending more via credit, they're doing it to themselves.
> > > But
> > > for me, living paycheck to paycheck barely getting by, unable to save any
> > > of
> > > my monthly income, I'd actually pay significantly more in taxes that way
> > > that the current system. Doesn't quite seem "fair" to me.
> > >
> > > And I don't exactly choose to spend 100% of my monthly income, unless
> > > choosing to buy groceries, live in a meager/affordable home, and drive to
> > > work (no public transportation available) so I can keep my paycheck coming
> > > in are choices. I'm not talking extravagant expenses like HDTVs or PS3s.
> > >
> > > Dammit, I swore I'd stay out of these political discussions.
> > >
> >
> >
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