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Re: Fair Tax
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Jeff Holberton



Joined: 19 May 2008 07:49 pm
Posts: 19
Posted: 22 May 2008 07:28 pm
Post Subject: Re: Fair Tax Read Article
| Actually the 23$ is inclusive meaning 1.00 paid 23 cents is tax but in reality it is a 30 % tax and it does not exclude anything; food, medicine,govertment services would all be taxed.


Bill,

You have once again missed the boat. The CURRENT system doesn't exclude anything. In what industry does the employer or employees not pay personal taxes? The tax they pay is EMBEDDED in the price. Why should the fairtax exclude anything. I would like to suggest for the fairtax opponents that we require all product prices, on the receipt, to show what portion of the price goes to corporate tax, payroll tax, personal income tax etc. That way when a consumer looks at a receipt they can see where the money is going... ie to the government. We can then compare the fairtax and the current system. Most opponents would reject that suggestion as being overly burdensome to producers... the current system is overly burdensome to everyone.

 
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