Off-Topic: 34%

Logan Martin Lake Topics

(Logan Martin Lake Specific)

4,314 messages

Updated 5/23/2024 1:39:01 PM

Off-Topic

Lakes Online Forum

83,648 messages

Updated 6/4/2024 11:24:11 AM

Boat Maintenance

Lakes Online Forum

5,195 messages

Updated 5/31/2024 4:36:53 AM

Logan Martin Lake Fishing

(Logan Martin Lake Specific)

126 messages

Updated 12/23/2022 9:21:15 AM

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,261 messages

Updated 5/28/2024 6:31:10 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	4691 -
	Subject:	34%
	Date:	11/10/2010 11:13:47 PM

The revenue generated from the current personal income tax accounts for approximately one-half of the total federal revenue collected from all sources. The Fair Tax on personal consumption must collect enough to equal the total federal revenue as essentially all other taxes are eliminated. Fair Tax proponents believe a Federal Sales Tax of about 23% would replace this revenue and opponents and others claim that the rate could be more like 34%. It sounds simple, but the more I read about it's implementation causes me concern. Just my opinion. I'm skeptical by nature.