post 15 IT'S NOT A VAT TAX, PLAIN AND SIMPLE
A VAT tax or Value Added Tax is a tax on businesses all the way up the manufacturing process, so when you get to the end retail you have absolutely no idea how much of the price is tax and how much is the cost of the good. Every business pays tax on the items going into production, but every business adds that tax expense to the price on the way up to the next level.
The VAT was invented in Europe to keep the citizens in the dark about how much they are paying in taxes really. It's a dishonest system, that says government doesn't trust its citizens, and citizens don't have the right to rule their own lives.
FairTax has NO tax during the manufacturing process. It can't possibly be any different than a VAT tax than it is. There is NO Country in the world that has trusted it's citizens enough to be honest about what their government is costing them. America will be the first if HR 25 FairTax is passed. Then Europe and all the other countries will have to watch out!
Of course only in America do we have a constitution that will let us throw the bums out if they don't stop the spending after we get tax collection under control, 100% visible and 100% honest. All we need is the will to do it, and 100% of the citizens in the same FairTax boat rowing up stream toward the DC Capital.
witchypooy
p.s. check any high school text book to see what a VAT tax is
"check out any high school text book to see what a VAT tax is." (My, isn't that just cheeky and condescending of you.)
No need to. I'm a tax lawyer with seventeen years of experience both in and out of the government and I've published three textbooks utilized by colleges and law schools across the country. I know a VAT when I see one. You call it what you want. I call it an open invitation to taxes run amock.
I accept your apology.