For the record, that comment was directed at LC. Excellent chart. I'm sure many will say he isn't covering enough others.
@Lucky Charms Said
You're talking to yourself again.
Even simpler example. Joe Schmo has $100 billion. He has no reportable earned income for any number of legitimate and illegitimate reasons**. How much income tax does he pay?
**tax shelters, offshore accounts, income lower than the limit needed to require income tax, under the table deals with mostly corrupt Democrat Congressmen and Senators, he keeps it under his mattress, whatever.
He wouldn't be able to do that if we had the FairTax (consumer tax) and neither would illegal immigrants, drug dealers. income tax cheats etc. etc. etc.