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To: pigdog
The FairTax, OTOH, eliminates the income (etc.) taxes and cannot be made into a VAT.

Oh really?

Vat benefits (India scraps Sales Tax for VAT due to evasion)
The Indian Express ^ | Oct 07, 2005
http://www.freerepublic.com/focus/f-news/1498423/posts

76 posted on 10/12/2005 8:36:36 PM PDT by hripka (There are a lot of smart people out there in FReeperLand)
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To: hripka

You do not understand where the Indian VAT came from and why it was not a sales tax in the same way as the FairTax. In fact, it was quite different and more akin to the supposed "sales taxes" in the present EU VAT countries.

These were transaction/turnover sales taxes that cascaded and for this reason were converted to a VAT to try to eliminate the effects of tax cascading and evasion therefrom. There's a very good description of it here:

http://www.freerepublic.com/focus/news/1498423/posts?page=50

at post #50. I suggest you educate yourself before continuing with such notions.


85 posted on 10/13/2005 8:01:28 AM PDT by pigdog
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