In article , "Peter Gottlieb"
writes:


"Wdtabor" wrote in message
...

Even so, the cost of compliance by the private sector are nearly equal to
20%
of the total collected. Nearly all of that would be eliminated under the
FairTax for business, and compliance cost for individuals would be one
first
class stamp a year.



Is there a spreadsheet or other computer model available where one could
enter hypothetical situations and see the difference in tax from the old to
proposed new system?

I am curious as to how my situation would change, and also that of my
clients.


There is a study by Stanford University under the research tab at the website
www.fairtax.org comparing how the change would affect various parts of the
population. Most do quite well, though a small percentage of seniors with
accumulated wealth will lose about 2% of their buying power.

Even so, most seniors do care about the world they will hand off to their
grandchildren and of course, there is no death tax under the FairTax, so no
need to divert resources to elaborate sheleters or trusts to pass on their
wealth.

There are really few questions about the plan you cannot find the answer to
either under the Research or Volunteer tabs.

Don

--
Wm. Donald (Don) Tabor Jr., DDS
PP-ASEL
Chesapeake, VA - CPK, PVG