Had trouble finding the link, so here's the direct page: http://www.fairtax.org/site/PageServer?pagename=calculator
I get +0.78% spendable income. Practically nothing. Certainly nothing to get excited about. Of course, the calculator is weighted with their "expert predictions", and changing from 10% price drop to 0% price drop, had the opposite of the expected effect; it actually raised my spendable income. And their calculation of my mortgage was almost half of what it actually is. On Jan 25, 2008 11:49 AM, 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. > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:251976 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
