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To: nmh
From http://www.fairtaxvolunteer.org/smart/faq.html:

The FairTax empowers those with low incomes. Under the FairTax plan, no American will pay taxes on necessities. Every household will receive a rebate that is equal to the FairTax paid on essential goods and services, and wage earners will keep 100% of their paycheck. More money will be available to spend, save and invest. Used items will not be taxed and prices will go down by 20–30%. Education will be easier to obtain with the FairTax. Education costs will go down by as much as 50%. This will allow for easier upward mobility among lower income earning families. The FairTax is the only plan that can legitimately claim to "untax" the poor. Those spending at twice the poverty level will pay a rate much lower than the income and payroll tax burdens they bear today. The FairTax would dramatically improve economic growth and wage rates. Jobs will be more plentiful and wages will go up.

67 posted on 11/02/2003 6:20:00 AM PST by Principled
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To: Principled
I'm not interested in being taxed by a nationals sales tax. Soon it will morph into a V.A.T. as Europe has. No thanks.
72 posted on 11/02/2003 5:31:17 PM PST by nmh
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