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The quantity of tax paid by the wealthiest Individuals would most undoubtedly go down under a fair Tax. Higher but, think about not filing an earnings tax return yearly. Instead of paying about 39 p.c of income to the federal government, the rich can be paying about 30 percent and solely on purchases. Think about retaining one hundred p.c of your paycheck. That is not easy for the average person to calculate beneath the current laws. What’s worse, tax laws change every year. Those benefits alone might persuade anybody who has ready a tax return to favor a consumption-based mostly tax. Ross works as a charter boat pilot who moonlights as a nightclub singer to buy a sailboat that belonged to his father.