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Why not just exempt necessities from the FairTax instead of providing for a prebate?

April 26, 2017exempt FAIRTAX necessities prebate providing

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Why not just exempt necessities from the FairTax instead of providing for a prebate?

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The prebate is the most equitable and most efficient way to make the FairTax progressive. If the FairTax were to exempt necessities, the tax rate would have to be 20 percent higher than the FairTax rate with a prebate.