[LeGrande]

When you purchase a speculative investment, is it taxed at 23% at the time of the investment? If so, this would kill investing of any kind.

[TheMightyQuinn]

When you purchase a speculative investment, is it taxed at 23% at the time of the investment?

Investments (including tuition) would not be taxed under the fairtax.

[Polybius]

When you purchase a speculative investment, is it taxed at 23% at the time of the investment? If so, this would kill investing of any kind

Hmmm .... Never considered that angle.

If you buy 100 shares of AmericanWidget stock, would the Fair Taxers want to get their 23% tax up front, guaranteed, instead of waiting to see if the investment actually makes a profit as the current system does.

I wonder what the consequences would be.