To: inquest
No, you don't see the mechanism. The amount of tax is required to be shown separately on the required receipt. It is in no way hidden or embedded. It is however a part of what you pay under the FairTax while under any income tax system the amount is both hidden and embedded in an unknown amount.
I think you should read the bill to see the required receipt for each taxable purchase. It's in Sec. 509 or so.
323 posted on
04/08/2006 9:27:27 AM PDT by
pigdog
To: pigdog
You didn't get my point, which is that the sales taxes that workers themselves will have to pay for the goods they buy will at some point or another have to be factored into their income. So that makes for an "embedded tax" of its own. My point is that there's just no way to completely avoid it, so it's better not to create potential loopholes that can be fraudulently exploited. It's just not worth it.
333 posted on
04/08/2006 10:12:49 AM PDT by
inquest
(If you favor any legal status for illegal aliens, then do not claim to be in favor of secure borders)
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