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To: aimhigh
How is the tax collected?

Retail businesses collect the tax from the consumer, just as state sales tax systems already do in 45 states; the FairTax is simply an additional line on the current sales tax reporting form. Retailers simply collect the tax and send it to the state taxing authority. All businesses serving as collection agents receive a fee for collection, and the states also receive a collection fee. The tax revenues from the states are then sent to the U.S. Treasury. ............................................................

Frequesntly asked Questions about the Fair Tax

http://www.fairtax.org/site/PageServer?pagename=about_faq

20 posted on 02/01/2008 12:39:11 PM PST by Turret Gunner A20
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