Fair tax - is it 23% or 30% ?
depends on if you are selling it or not buying it.
Since a sales tax is not mostly hidden like the current Stupid Tax, the rate does look high, that’s for sure. But that is not in fact a commentary on the advisability of taxing this way. It’s a clear reflection of excessive spending.
Want a lower tax rate? Cut spending back within constitutionally-limited powers. Problem solved.
“Fair tax - is it 23% or 30% ?”
The HONEST answer is 30%, because that’s what you have to punch into the calculator to figure out the amount owed, like we do with any sales tax today.
23% is the fraction of the total bill. Totally deceptive.