January 01, 2012

Ben Franklin~ Least intrusive tax is the consumption tax as it is voluntary

The reach of a consumption tax mathmatically figures out to be about 2% greater into the wealth of the nation. Please go to the following chart which is based on income you volunteer to use for consumption and how much it will cost you under FairTax and the prebate figured in.  Not that the current price of product is, with competition, able to drop 15% with Federal tax removed, paychecks will be near gross amount, and with a shortage of workers, employers will  have to bid for your services.

No comments:

Post a Comment

Please be patient on comment approval. Too many places to be. Thanks for your thoughts.