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To: Your Nightmare
The Texas Comptroller estimated that the number of businesses they would have to collect from would more than double (150% increase) with a NRST!

How?
All business'do that now.

What is he talking about?

185 posted on 08/27/2004 11:29:10 AM PDT by carenot (Proud member of The Flying Skillet Brigade)
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To: carenot
All businesses don't currently collect sales taxes.
Even though the base, rate and other characteristics of the Fair Tax are significantly different from the Texas sales tax, it would be feasible for our office to collect the Fair Tax by expanding and enhancing the systems we currently have in place. For example, we would:

Expand our current system for registering Texas retailers to include registration of sellers under the Fair Tax (615,000 businesses are currently registered as sellers in Texas; under the Fair Tax, 1.5 million Texas businesses would have to be registered);

--Billy Hamilton, Deputy Comptroller, State of Texas

source

190 posted on 08/27/2004 11:44:01 AM PDT by Your Nightmare
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