On Fri, Jul 8, 2011 at 2:10 PM, Dana <[email protected]> wrote:

> Well, you know more about the proposal than I do, but I was sure I saw that
> somewhere. But ok. If it's entirely retailer-side you've got a regressive
> tax, is what you've got, right?
>

Which I think was where we left off last time too...  It would remain to be
seen what really happens once it's enacted, but this study indicates that it
would be more progressive than current tax system.

http://www.beaconhill.org/FairTax2007/DistributionalAnalysisFairTaxBHI4-25-07.pdf

You can skip to the table on page four if you don't feel like reading the
entire paper.  It shows the rich paying more taxes and buying less stuff and
the poor paying less taxes and buying more stuff.

-Cameron

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Cameron Childress
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