To: mombrown1
The Fair tax is a one-time tax at the cash register. Yea and the raw materials bought by the "corporations" for their product are taxed and passed on to the stupid consumers who pay for the tax again at the cash register.
9 posted on
08/11/2005 4:44:26 AM PDT by
Echo Talon
(http://echotalon.blogspot.com)
To: Echo Talon
No, they're not. Corporate and individual income taxes, Social Security, Medicare - all that's gone. Everything is taxed ONCE. The FairTax has nothing in common with the European VAT scheme where a tax is imposed on every stage of producing a good right down to the final sale at the cash register. In America, you will be taxed ONCE and that's it. That's how a fair tax system is supposed to work.
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
12 posted on
08/11/2005 4:55:58 AM PDT by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
To: Echo Talon
Yea and the raw materials bought by the "corporations" for their product are taxed and passed on to the stupid consumers who pay for the tax again at the cash register You're confusing an NRST with a VAT. An NRST is a retail sales tax, it would not be levied on business-to-business purchases.
14 posted on
08/11/2005 4:59:05 AM PDT by
kevkrom
(WARNING: If you're not sure whether or not it's sarcasm, it probably is.)
To: Echo Talon
Yea and the raw materials bought by the "corporations" for their product are taxed and passed on to the stupid consumers who pay for the tax again at the cash register.
With the Fair Tax, nothing is taxed until there is a retail sale. So, raw materials would not be taxed. Only the end product purchased at retail would be taxed.
You must not have read anything on the Fair Tax if you do not know this keystone of the whole idea.
16 posted on
08/11/2005 5:02:04 AM PDT by
Gvl_M3
To: Echo Talon
Yea and the raw materials bought by the "corporations" for their product are taxed Wrong.
32 posted on
08/11/2005 6:41:04 AM PDT by
Phantom Lord
(Fall on to your knees for the Phantom Lord)
To: Echo Talon
Those raw materials will not be taxed. No item used in the production of a final end product will be taxed. No corporate taxes that can be passed on to the consumer. There is only one tax - at the cash register on new goods and services.
To: Echo Talon
Completely wrong - not taxed.
99 posted on
08/11/2005 9:00:56 AM PDT by
pigdog
To: Echo Talon
Yea and the raw materials bought by the "corporations" for their product are taxed and passed on to the stupid consumers who pay for the tax again at the cash register. Not under the fairtax they don't! It is a point of retail sale tax on NEW goods and services only.
Do yourself a favor and spend a little time reading here before you spout off too much about what you do not know anything about.
131 posted on
08/11/2005 9:54:49 AM PDT by
Bigun
(IRS sucks @getridof it.com)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson