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04-12-2007, 04:30 PM	#8
Bubba McMillian Member Join Date: Jun 2006 Location: Louisiana Posts: 64 Rep Power: 0	The Tax Rate is Revenue Neutral The tax rate is revenue neutral - at the level necessary to replace revenue generated by the repealed taxes. The money coming in is generated by goods purchased - states collect the tax and charge the government 1% to process and pay them monthly on the tax rate determined to be revenue neutral - this rate could adjust over time depending on the revenue generated. Social Security, Medicare and other programs would still be funded with these monies.

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