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Last login: Wednesday, November 7, 2012
Yes you can have lower rates and more revenues by broading the tax base. Switching to a consumption based tax like the Fair Tax means everyone pays tax on what they spend over the poverty level. This means criminals, foreign visitors, and others who escape paying taxes now will pay taxes under the Fair Tax. Even criminals need to buy new underwear once in a while -- the will pay taxes where they are living a tax free lifestyle now.
November 7, 2012 at 7:40 p.m.
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