Until Later! C. Hatton Humphrey http://www.eastcoastconservative.com
No trees were killed in the sending of this message, but a large number of electrons were terribly inconvenienced. On Sun, Jul 10, 2011 at 1:21 AM, Maureen <[email protected]> wrote: > > On Sat, Jul 9, 2011 at 9:08 PM, Gruss Gott <[email protected]> wrote: > > (1.) Let's say the Fair Tax is 20% > > > > (2.) That family of 4 making $50,000/yr is probably living check to > > check. In other words they're spending $50,000/yr and getting hit > > with a 20% tax. > > > (3.) Then there a childless married couple - both attorneys - and > > they're making $350,000/yr and they also spend $50,000. They pay > > $10,000 in taxes making their rate effectively 3%. > > A family of four MAKING 50,000 a year is not SPENDING 50,000 a year on > TAXABLE items so this comparison is meaningles Depends on what is considered taxable under the new model. Hatton ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340175 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
