It is financed by the tax. On Sun, Jul 10, 2011 at 6:23 PM, Dana <dana.tier...@gmail.com> wrote: > > where does the "standard stipend" come from and how is it financed? > > On Sat, Jul 9, 2011 at 6:47 PM, Maureen <mamamaur...@gmail.com> wrote: > >> >> This is where your argument falls apart. The amount of money for >> someone who is at or below the poverty level would not decrease >> because they would receive the standard stipend to cover all sales tax >> they would owe. Everyone would receive the same amount, so you would >> only owe tax if you spent tax than the stipend covered. >> >> Additionally there is nothing in the current Fair Tax plan that tracks >> what anyone buys. If the proposal excluded medicine and food from >> taxation, that exclusion would happen at the cash register, just as it >> does now in states that don't charge sales tax on food. No tax is >> proposed on housing. >> >> >> On Fri, Jul 8, 2011 at 10:07 AM, Dana <dana.tier...@gmail.com> wrote: >> > Once you get significantly below 50k the problems start. By our >> definitions >> > this person does not have enough money to live, and we are going to >> reduce >> > that by a further 10%. The usual refutations of this are that this person >> > isn't buying new products anyway and that necessities like food and >> housing >> > won't be taxed. Y-e-e-s-s....Also there is apparently going to be some >> sort >> > of tracking of who bought what to make sure these people don't pay too >> much. >> > Say what? This is not a small-government proposal. Everyone gets their >> own >> > minder checking the total of their purchases? Cause... this is not going >> to >> > be a case of oh yeah the poor, we will have social programs for them. >> >> > >
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