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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

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    "Pete Hoekstra's" Tax Plan | 9 comments (9 topical, 0 hidden)
    FairTax Tax Rate (5.00 / 1) (#1)
    by The Patriot Economist on Mon Jun 21, 2010 at 03:50:54 PM EST
    Although the MI FairTax rate (sales tax rate) is 9.75% your effective tax rate will be much lower.  On the MI FairTax website it shows the effective tax rate for households at different income levels.  Because of the "prebate" payment to all legal households that offsets the tax on spending up to the poverty level and because not all spending is taxed by the MI FairTax, the effective tax rate for a family of four earning $50,000 per year is only 2.5%.  It is lower if earnings are lower and higher if earnings are higher.  This is explained in the "prebate" document on the website: mifairtax.org

    Others have rated this comment as follows:

    FairTaxNow 5

    "Pete Hoekstra's" Tax Plan | 9 comments (9 topical, 0 hidden)
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