FairTax: No More Gaming the System

Many people still feel the FairTax would open up an “Underground Economy” of tax cheats. When it comes to purchasing goods, nothing could be further from the truth. As far as service providers, we believe the FairTax will reduce the possibility they will cheat, but as long as business owners are willing to risk their business and livelihood, then there is nothing from stopping them.

NOTE: We are NOT claiming the FairTax will eliminate or eradicate all cheaters. Short of an apocalyptic event, nothing in the world will ever do that. Our goal here is to show you that the FairTax will significantly reduce the number of potential cheaters.

$14 Trillion Dollars

A primary (and completely legal) method of businesses (and wealthy individuals) cheating the current tax system is to hide their money in offshore accounts – to the tune of over $14 TRILLION dollars. We will get into the repatriation of this money in a later post, but under the FairTax savings and investment accounts are not taxed; which would allow corporations to repatriate their money and begin reinvesting in the US economy again; effectively removing the need to cheat the system by hiding money offshore.

6.6 Million Cheaters

Under the current system it requires ONE person to discretely change a number or falsely claim additional monies (or dependents) on their tax return without anyone else knowing. Because income tax reporting is so convoluted, cheating on income taxes can also be “defended” by saying it was a mistake. And according to this CNNMoney Article, 4% of Americans did just that in 2010. 4% of an estimated 165M taxpayers is 6.6 MILLION cheaters. That’s huge!!

96.6% Decrease

Under the FairTax, TWO or more persons are generally required to cheat the system (again, when purchasing goods) – most commonly, a seller and a buyer. Since the FairTax taxes consumption rather than income, cheating on transactions between seller and buyer (collusion) is clearly much less likely than in our current situation. Cheating under the FairTax cannot be “defended” as easily as it can be under the current system because “when a retailer fails to pay over trust funds, he does so at great peril and with the knowledge that he is violating the law (i.e., committing evasion). Few excuses apply.“[1] If we took the same 4% from above and applied that to the 22M businesses we get 880,000 potential cheaters. But because business owners generally have more to risk, they are less likely to cheat. So even if as much as one percent of businesses actually cheated on their taxes, that would still only put the cheats at about 220,000 which is a 96.6% decrease from the existing system.

3 Options

For anyone wanting to cheat the FairTax system, they have 3 possible options: They can purchase the goods tax-free and try to sell them at a reduced cost; they can steal the goods and try to sell them at a reduced cost; or they can try to smuggle the goods in across the border and sell them at a reduced cost. So why are they not likely to happen?

  1. Purchase and sell goods Tax-Free. First, this would require a business license. In order to obtain a business license, businesses must be registered with the State and Federal Governments so that your business can be issued a business ID card. Second, this would require that you file and remit taxes to the State on a monthly basis, eliminating any incentive to register a business just to become a tax-free entity. The risk far outweighs the benefit, as it would be a felony to violate this law.
  2. Steal and sell goods Tax-Free.Theft, as we all know, is highly illegal. Business owners often spend more money protecting their goods than they do purchasing those same goods. But we’re not talking about someone breaking into an appliance store, or pocketing an iPod from your favorite electronics store to avoid the FairTax. No, to make any real money, a large scale theft of goods would be required. Something along the lines of hijacking a semi-truck, or a fleet of delivery vehicles. Sorry, this may happen in the movies, but it just isn’t feasible in real life.
  3. Illegally Import and sell goods Tax-Free. Imports under the FairTax are taxed. So to avoid the FairTax, goods would have to be smuggled into the USA much like drugs, weapons, and humans are today. The risk to reward here is so great that the goods would be slightly competitive to the goods sold here in the US.

Top 100 = 70%

Regardless of how the FairTax can be avoided, in the same way the state agencies police State Sales Tax compliance today, they will also police FairTax compliance. Aside from criminal penalties, FairTax Resale abuse could cost a retailer their livelihood. In 2010, the top 25 retailers in the US sold ~70% of all new products. If you are concerned that any one of them (or any of the other Top 100 Retailers) would risk losing their business license in the US (their largest market), then you really need to put the kool-aid down and step away from the punch bowl. There is no possible way that Wal-Mart, or even HSN, will risk losing what pays their bills just to put a couple bucks back in your pocket.

Obviously no system is perfect enough to eliminate ALL possibility of cheating. But clearly the FairTax reduces the likely amount of cheating to pennies as compared to the amount of gaming our current system is taking.

Let’s do this! Support the FairTax now!

Your representative’s name and contact information is here:
http://www.house.gov/representatives/

Your senators’ names and contact information are here:
http://www.senate.gov/general/contact_information/senators_cfm.cfm

We urge you to contact them by phone and/or e-mail and demand that they learn about and endorse or support HR25 (House of Representatives bill) and S13 (Senate bill). Copy and paste this information into an e-mail to them and let them know you will only vote for candidates who support HR25/S13, THE FairTax.

[1] The FairTax reduces complexity, compliance costs, and noncompliance:http://www.fairtax.org/site/DocServer/TheFairTaxReducesComplexityComplianceCostsAndNoncomplian.pdf?docID=601

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Posted in Cheating, Corporate Taxes, FairTax, Tax Reform
29 comments on “FairTax: No More Gaming the System
  1. Ray James says:

    Please do check it out! A Sales Tax to be paid on implicit service charges removes the incentive to “hide” fees in transactions such as mortgages etc… If you pay a origination fee of $1000 for a new $100K loan, then you would have to also pay the $300 tax assessed for that service charge. If the lender hides this fee by raising your interest rate by a point (1%) and calls it a “$0 loan”, you will end up having a bigger tax bill because of the implicit fee is greater than the explicit fee and the the lender should have to explain why. Again, this will only apply to final consumptive purchases/transactions such as consumer loans, consumer checking, etc… This allows complete transparency of tax burden and transaction costs for EVERY consumer. Maybe then we will be willing to hold elected officials to their spending cuts promises. If you want to pay little to no taxes; grow your own food, build your own furniture, spin, weave and sew your own clothing. If you want to participate in the modern economy, you can rest assured that EVERYONE else is paying the same as you.

    http://www.fairtax.org/PDF/PlainEnglishSummary_TheFairTaxAct2007.pdf

  2. Hank, Please! Again, you’re throwing out detractors that mean squat. Who cares if the number is $14T or whatever you claim it to be. The point of this post is that compared to the current tax system, the FairTax does a much better job of handling cheaters.

    Are you refuting that? Or are you just here to play numbers games?

  3. Hank, your numbers are lacking. $14T was being conservative.

    According to: Wikipedia: Repatriation of offshore accounts:

    John Linder asserts that an estimated 11 trillion dollars is currently held in foreign accounts, largely for tax purposes, and is growing by $800 billion per year.[28][29] Former Federal Reserve Chairman Alan Greenspan predicts that enactment of the FairTax would result in a large portion of those funds being transferred to U.S. banks, where they would become available to U.S. capital markets, bringing down interest rates, and otherwise promoting economic growth in the United States instead of the countries where those funds are currently held.[3][28]

    In that, you will see a link to [29] which leads to:

    Summary
    Our research suggests that:
    – approximately US$11.5 trillion of assets are held offshore by high net-worth individuals;
    – the annual income that these assets might earn amounts to US$860 billion annually;
    – the tax not paid as a result of these funds being held offshore might exceed US$255 billion each year.

    At $860B per year from 2005 when the study was written, that is an estimated $4.3T on top of the $11.5T; which gives us an estimated $15.8T. And that doesn’t account for inflation or the interest which could have been paid on that money.

    • Once again:

      I think YOU need to go back and read that link I posted. It CLEARLY states “A slightly lower estimate was published by the Boston Consulting Group (BCG)3 in their Global Wealth Report for 2003“. That BGC estimate was from a completely different study and clearly not as accurate.

  4. Hank, go recheck your numbers. See my proof above.

    As for the reason the $14 Trillion was added, that is because it is just one more way that businesses are “Gaming the System”, just as the title of the blog suggests. Regardless of whether it is $14 trillion or the more accurate number of $15.8 Trillion. The fact is that businesses are hiding their money in offshore accounts to avoid paying taxes. Simple as that. The FairTax will change that because they will have little to no reason to do so.

    • No, Hank. Actually they got sucked into the spam vacuum somehow. I usually clean it out once a week, but when I saw the excessive number of posts in there I figured I would check it.

      Now, I’ll tell you what I told “Independent Thinker”:

      I think YOU need to go back and read that link I posted. It CLEARLY states “A slightly lower estimate was published by the Boston Consulting Group (BCG)3 in their Global Wealth Report for 2003“. That BGC estimate was from a completely different study and clearly not as accurate.

      • fairtaxer says:

        Wait! First you and your brother “Independent Thinker” claim its “mythological money” that doesn’t exist. Now you’re saying that “If you add $600 billion to all of them each year, then by the end of this year, you have your $14T.” Which is it, Hank?? You’re trying to blow smoke up my ass; and I don’t like it. I think I’ve been pretty nice by allowing you to contribute here, but if you’re not going to shoot straight with us, then I will make sure your posts get permanently deleted every time!

        Now Hank, back to the issue at hand. I don’t think you know what you’re talking about. It is STILL U.S. money that is STILL being held offshore. Does it really matter whether it is an individual (who, by the way, MOST LIKELY owns businesses or at least invests in them) or if it’s a company?? The simple fact is that it is US money that is not here on US soil and is not doing a damn thing for OUR economy while it is out there. It could be in banks, stocks, bonds, or other institutions ON US SOIL that would help to grow THIS economy – not the Belize, Cayman, or Swiss economies. And furthermore, if the FairTax were enacted those institutions would not be taxed because that money is considered either A) income, or B) an investment.

      • One minute you’re agreeing with the numbers, the next you’re saying I’m confused about them. It’s not MY confusion Hank. It’s yours. I’m using numbers given and confirmed by different sources. If you have issue with those numbers or how they are represented, you need to follow up with those sources and set them straight.

      • Hank, you either need to get your eyeglasses fixed or have your head examined. BOTH you and Hayden called the $14 trillion “mythical”. THAT is what I was referring to.

        This whole argument over semantics is ridiculous and quite frankly pissing me off too. Now, once again: REGARDLESS of whether it is $14 Trillion or $500 Million (or whatever your claim is) that money could be put to better use here ON US SOIL. Do you not agree with that?

      • Hank, you and I both know that the “Homeland Investment Act” was a one-time tax amnesty program specifically designed to repatriate money that corporations intentionally wanted to keep offshore. But do you understand why that not only failed, but also created those loopholes? It failed because corporations knew that the government was toying with their money and that their money would be heavily taxed once they put it in US institutions.

        Why do I think it wouldn’t be the same under the FairTax? Because A) the FairTax permanently untaxes that money from the beginning; B) because the FairTax isn’t directly offering them a fake incentive to move their money back on to US soil, and C) because the incentives the FairTax does provide will be a permanent solution. So even if their were loopholes still available to those corporations, I see little need for any one of them to take advantage of them; and if they do, so what!

  5. $14T, not made up, and certainly not made up by Linder or Boortz: http://www.taxjustice.net/cms/upload/pdf/Price_of_Offshore.pdf

    Examples 1-3 deal with Services. We’re talking Goods. Totally different animal, but ok.

    Ex 1: A) If your gardener has a legitimate business license, then he risks losing it and he risks being put in jail for felony evasion. Nothing like our weak system now where you can say “Oops, I screwed up. Give me a 2nd chance?”

    B) If your gardener doesn’t have a legitimate business – say it’s your neighbor’s kid – then he is not required to pay the FairTax. BUT!! When he spends that money on new goods or services, it will go towards paying the FairTax.

    Ex. 2: A) from above applies to this too. Any professional knowing full well that they are breaking the law deserves to lose their business license and face jail time.

    Ex 3: Again, A) applies as it does with Ex. 1 & 2.

    Get my point? Of course, everything you’ve mentioned involves a business. Now, look at the number of businesses in the US (~22,000,000) versus the number of individuals AND businesses who can cheat on their taxes now (~187,000,000). Businesses have MUCH more to risk than individuals, because that is how they survive. It isn’t very easy to just start up another business – well, not like it is to just go get another job anyways.

    Ex. 4: This is addressed in the FairTax Act of 2011 [REVISED(Read SEC ‘705)]:

    I think you and I both know that there will always be cheaters; no matter which system is in place. But as we’ve shown, the FairTax will reduce the amount of possible cheaters by ~90% (22/187 = 11.76%). Unless you can come up with a 90% or more increase in cheaters AFTER the FairTax is enacted, I’d say the FairTax wins this Hands Down!

    “Sheesh”? Really? Why you gotta act like a douche?

    • I think YOU need to go back and read that link I posted. It CLEARLY states “A slightly lower estimate was published by the Boston Consulting Group (BCG)3 in their Global Wealth Report for 2003“. That BGC estimate was from a completely different study and clearly not as accurate.

      Look Independent Thinker, I’m going to say this yet again. NOBODY has EVER claimed that the FairTax would eliminate cheaters; only that it REDUCES the number of potential cheaters.

      You were right about SEC 202. That’s because I quoted the wrong section. SEC 705 deals with Mixed Use Property; which is what you were talking about. Here this will explain it for you: http://www.govtrack.us/congress/billtext.xpd?bill=h112-25&version=ih&nid=t0%3Aih%3A709

  6. fairtaxer says:

    Not a single point you made is new to the FairTax. In fact every point you made IS a method used under the current system. And once again, nobody has ever claimed people wouldn’t try to cheat the FairTax system. Our claim is that it will reduce the potential cheaters. Has that not been proven to you?

  7. Why would anyone want to leave federal taxes hidden in the price of domestic products, put there by the employer to recoupe the taxes paid by him and employees. We don’t have any jobs, are heading for the eternal soup line and your worried about cheaters? Most spending is done in markets, like grocies stores and malls. Stores will not gamble their worth in cheating. Certainly the landord will not report his rental property as he doesn’t today. But the benefit of FairTax will help America see the truth of what DC is stealing from us and help us get back to constitutional spending. With all the jobs and tax revenue that FairTax will birng in, we will be able to eventuallbring the FairTax down to single digit numbers, since 90% of the spending Federally today is unconstitutional.

    • Scrap Iron says:

      Darn, I just saw it and I can’t find it.
      you wanted to know how the states will be able to afford their FairTax and if they will have to raise other state taxes to do so.
      Ahh, I get your point,
      BUT (and this is a big one)
      The states are ALREADY PAYING this. They are called embedded taxes. You pay them now, I pay them now, the states and even the feds are paying them now.
      I can’t say that all embedded taxes (or the value thereof) will go away under the FairTax, but most will. And that is what the FairTax will be REPLACING.
      I don’t worry about a small (very small) increase in prices after the FairTax goes in to effect. I am used to prices rising every week at the grocery store.
      That’s another great thing about the FairTax. EVERYTHING changes except the price (almost).

    • RGeorgeDunn says:

      Hank, you want to add a 10% sales tax and then ask this. If memory serves, there is an portion of the 23% that goes to the business for their responsibility in reporting and submitting the tax. As to higher State and local sales taxes, I presume you are speaking to the constitutional conduct of the Federal Government putting those responsibilities back onto the States. There will be a slight overflow of tax burden due to the Trillions of dollars of debt needing paid, but that can be countered by reducing the Federal consumption tax to levels that will moderate such an burden. But remember, by the influx of investment and job growth, our GDP is expected to run every year well over 10% growth, which will expand our federal tax revenue. With 57% of Americans on foodstamps, those under/unemployed will become productive, not users of the Federal/State safety net, thus all tax needs will drop.

      To question whether 14 trillion off shore is Americans or not, means nothing to the end result. It is stated clearly by economists, that by eliminating the capital gains tax, international investment will pour into USA. Taking the payroll tax and all other federal paycheck taxes out of the price of domesitc products will give the USA a 12%+ advantage over imports. The Steel Industry says that a 10% shift in advantage would make their industry flourish.

      HOw are State going to afford constitutional conduct? By giving them back the right to compete in and with the world, thsu raising their revenue and eliminating their safety net needs to near zero. Privatizing federal entitlements will make the idea of a pension and healthcare solvent, out of the reach of the Washingotn corruption. By privitizing to state mandated or voluntary HSA/IRAs, locally invested, with the consumption tax replacing the closed border, outdated IRS production tax, our prosperity will grow so fast it will scare the world into adopting the FairTax plan or cause us to one day use corporate taxation to temper the GDP growth.

      Why would anyone want to leave federal taxes hidden in the price of domestic products, after learning the truth. Here is a read as to how we got into this mess http://rgeorgedunn.blogspot.com/p/america-where-did-we-go-wrong.html

  8. Scrap Iron says:

    Regarding the amount of money held offshore to avoid taxes.
    It may be $14 trillion, or it may be as low as $500 billion.
    Is it your assertion that NO money is held offshore to avoid taxation?
    One would have to be very naive to believe that.
    But whatever the figure is, when there is no more reason to hold it offshore, chances are very good that it WILL come back to this country and be “put to work”.
    That, and the belief that many foreign companies will relocate headquarters to the USA to take advantage of NO INCOME TAXES will boost economic activity.
    The FairTax was designed to be “revenue neutral”, but I believe that the FairTax will generate more tax revenue than anyone ever expects.
    My only hope is that congress doesn’t just spend the “windfall” but instead uses it to PAY DOWN THE DEBT.

    • Independent thinker, maybe it would be better if you started your independent logic over. That is so illogical, no need to respond to why business would find a tax free haven to compete in, advantageous to move to.

  9. Bill E. Payne says:

    Hank, the extra set of books won’t work unless a business could convince all its suppliers and customers to do the same. Too much risk that one of them would be audited, revealing conflicting numbers. There is, by law, a paper trail that goes from supplier to supplier and eventually to a consumer. It’s not going to be perfect, though. Obviously, neither is what we have now – unless you’re a tax accountant or lobbyist.

    But, you can waste your time trying to pick apart what is probably the most comprehensive tax reform legislation in our history. The fact remains that there is nothing else that will treat everyone equally while repatriating trillions of dollars and previously outsourced business, insourcing new business from other countries and creating untold numbers of jobs. Anyone who thinks otherwise just doesn’t get it – or they have another agenda. If the shoe fits…

    • Bill E. Payne says:

      It would probably be easier for the service industry to cheat – the smaller, privately-owned companies, anyway. However, even they have to show the tax info on receipts to all their customers, and they still risk penalties if they’re caught. The more customers they have, the higher the risk that one of them is a whistleblower. What percentage of them do you think would engage in cheating? And how much money do you think that would represent?

      The larger nationwide outfits that comprise a huge percentage of business through corporate-owned outlets and franchises, just like large retailers, have too much to lose by cheating. Two that I have dealt with, Servicemaster and Safety Kleen, come to mind. Both have company-owned and franchised outlets that have to comply with strict company accounting rules. The cheater is likely to either spend too much money, invest too much money or save too much money that will raise a red flag to the wrong person.

      Then there’s the aspect of who is shooting whom in the foot. I believe that the industry itself, along with trade associations and like organizations, would do some effective self-policing because of the incentives to do so. To go against a tax policy that benefits business and the nation so much would attract the attention of other similar businesses who comply with the law. There’s simply too much to lose, but there will be those who take the risk anyway. I believe most of them would fall by the wayside.

      • Bill E. Payne says:

        That’s a bit of a different subject Hank, but answering your last question, I would say that it is because it has never been coupled with a complete collection system like the FairTax. The money and effort spent in researching it ($22 million+) concluded that the FairTax was pretty much integrated and complete and needed no modification to make it effective. In fact, adding or removing elements detracts from its effectiveness.

        But you already know that. I can tell that you are well-versed in many aspects of the FairTax and wish I had the opportunity to work more directly with you as an advocate instead of a detractor. As for myself, I have done a number of different jobs within the movement including setting up rally stages, handing out brochures, making signs and speaking to small groups. It has all been useful and fulfilling and makes me want to do even more, because I believe that, though it is not a panacea, it will do much to get us headed in the right direction. If I wanted to be a detractor, I know enough to throw some wrenches in the works for many fairtaxers but doubt I could be sincere enough to fool a knowledgable proponent.

        Why don’t you join us instead of fighting us?

  10. Scrap Iron says:

    It may come as a surprise to you, but if you decide to :cheat the system” by buying goods overseas won’t work.
    You may save on the vacation, but clothing, jewelry and other hard goods are subject, currently, to a duty, imposed by customs officers.
    I once bought $200 worth of hockey equipment in Canada, and had to pay a duty of about $25.
    This will still be the case.
    And many states currently charge a use tax (similar to sales tax) on goods (like cars) brought into the state on a premenant basis.

    • Who cares? Do you really think that a few silicon implants are going to “break the bank”? Have you ever even been to Thailand? I have, and its not a place where you want to get implants, I assure you of that! Let them go over there and risk getting an infection because the doctors aren’t as well trained or prepared to handle the plastic surgery. When they come back with a faulty sack or staff they will have only wished they spent the few extra bucks here in the US because now they will have to spend 100x more to fix the problem.

      As for going to Mexico to buy the ring: I think you’re pushing the envelope there, because most people would weigh the options they have: Either A) buy a $3,000 ring here, or B) Spend $1,500 on a trip to Mexico, plus amenities (hotel, rental car, other spending cash), plus risk being in the middle of a drug war, and then spend what, maybe $1,000 on the same ring? Sorry pal, I think most people right now would choose A and not deal with all the other BS.

      As far as your previous examples, you and I both know you were grasping at straws because ALL of them are being done under the current system. Give us examples that will be NEW to the FairTax and we may decide to listen.

  11. Are you done, Hayden? Is that your closing statement? Well, here is mine:

    1. The next time you hear someone claim that $14 Trillion is being held in offshore accounts, understand that it is not an exact figure (because that type of figure cannot be measured from ANY source), the sources provided were estimates. And understand that regardless of whether or not it is $14 trillion or $500 Million, it is still money that could be put to better use here ON US SOIL. The FairTax proposes to bring businesses, jobs, and money back to US soil, be it in a month, a year, or in 10 years; it will happen.

    2. The next time you hear someone claim it takes two people to cheat under the FairTax, also understand that regardless of whether or not it is 1 or 2 people (as Independent Thinker has “shown” us), under the FairTax it will ALWAYS be a business who does the cheating. And also understand that taking YOU (the individual tax payer) out of the equation frees you up so that you don’t have to worry about being audited by the IRS. There are currently ~187,000,000 taxpayers in the US; ALL of which are prone to making mistakes and/or cheating the system. Under the FairTax, that number is immediately reduced to ~22,000,000. That is a 90% drop in the number of potential tax cheats. And because that ~10% of potential tax cheats are businesses who actually stand to lose their livelihood, they are even less apt to cheat for a greater fear of the loss of the empire they have built which not only pays their bills and feeds their kids, it is what they look forward to passing on to generations beneath them.

    The other 90% will simply pay what is asked of them at the register. If the 10% doesn’t comply, then it is on them. The top 25 retailers in the US provide over 70% of goods to people like you and me. Those corporations will NEVER risk their business license here in the US. In fact, not a single corporation on the INC 5000 (a list comprised of the top 5000 Retail AND Service Corporations) would risk their business license, to save 23¢ on the dollar. It simply won’t happen. Again, not saying some businesses won’t try, but those that sell the most in the US will not risk it.

    • I would go a step further here even further and say it necessarily takes the *actions* of two parties for the system to be cheated (as opposed to the actions of one under our current system) … a “business” and a “customer”.

      Even in the situation given where a business owner buys a TV and fraudulently claims it for a business purposes (thus misrepresenting retail nature of the transaction), the seller is still *involved* in the illegitimate transaction (albeit oblivious to the fraudulent nature of that transaction).

      Still, as you point out, in every circumstance, it falls on a business (or business owner or representative thereof) to commit evasion and/or fraud and thus be liable for all fines and penalties related to said crimes.

  12. Scrap Iron says:

    It hasn’t been mentioned in this column, but I’m going to say it anyway.
    Regardless of whether the FairTax helps the economy or not, the BEST part of the FairTax is that it takes power AWAY from politicians and returns it to “We, the People”.
    And that will be the hardest row to hoe.
    We must elect citizen legislators and get rid of the career politician.

  13. John Pierce says:

    Hank,

    2005 6 years ago and you think those numbers hold up under this punishing income tax system. All or your arguments hold fundmental flaws just like this one

  14. Patricia says:

    Kudos, Scrap Iron – yes, we truly need to elect citizen legislators and to get rid of career politicians. That would be a big step in the right direction.

    Can someone tell me just who or what entity determines the percentage of taxation? As it stands now, the figure is 23%. What is to keep the Federal Government from deciding they need to raise it to 25%, or 30% or 50% or whatever? Are there provisions in the Fair Tax that states how or under what circumstandes this percentage may be changed – or not changed?

    • Patricia,

      Let me answer your questions in reverse order: Yes, there are provisions in the FairTax that explicitly define the FairTax rate for the year immediately following implementation and all subsequent years after that.

      Second, you, me, and “We the People” of the United States of America are here to ensure our legislators do not unnecessarily raise the FairTax rate. I know this may be difficult for many to understand, but with the transparency the FairTax brings it will be much simpler for us to do just that.

      And finally, this blog post should explain the rate: http://wp.me/p1zWhf-bm

      Thank you!

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