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To: Always Right
Since when is interest not taxed under the fairtax? It is taxed, just by some convulated method. And the principle of the house is very much taxed, so it is misleading to suggest it is not.

Meant to say on a new house.

423 posted on 10/22/2006 9:51:16 AM PDT by Always Right
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To: Always Right

The interest on either a new or used home is not taxed under the FairTax.


427 posted on 10/22/2006 10:14:40 AM PDT by pigdog
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