FairTax.org has posted some Frequently Asked Questions with answers that really explain how the FairTax will affect each and every American.
You can find FairTax FAQs here:
http://www.fairtax.org/site/PageServer?pagename=about_faq
One question answered is: "Does the FairTax rate need to be much higher to be revenue neutral?"
Answer: "The proper tax rate has been carefully worked out; 23 percent does the job of: (1) raising the same amount of federal funds as are raised by the current system,…
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Posted on March 5, 2009 at 8:00am —