Hurt? It will kill the new home business, I know for a fact. The fair tax will benefit import-exporters and help with our trade deficit, until the WTO rules it illegal and forces us to eliminate it on imports. That may not happen, but it would not surprise me.
Hurt? It will kill the new home business, I know for a fact.
Really? For a fact, hmm. When was the last time you you built a new home without having to pay income or payroll taxes or carry the overhead associated with those taxes and none of you suppliers did either?
"The fair tax will benefit import-exporters and help with our trade deficit, until the WTO rules it illegal and forces us to eliminate it on imports. That may not happen, but it would not surprise me."
Ridiculous. What is the WTO going to say when we point out that we are taxing imports exactly the same way that we are taxing our own production? Are they going to argue that we should reinstate the preference that our old tax system gave to imports? LOL
"The fair tax will benefit import-exporters and help with our trade deficit, until the WTO rules it illegal and forces us to eliminate it on imports. That may not happen, but it would not surprise me."
When did we defer our soveriegnty (sp?) to the WTO?