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To: GoLightly
Are business to business transactions exempt under fair tax? If not, the numbers are wrong.

Everything except the final, new, retail sale is exempt. Used goods would be exempt, as would b2b transactions.

Mark

84 posted on 03/06/2005 9:54:36 PM PST by MarkL (That which does not kill me, has made the last mistake it will ever make!)
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To: MarkL

Thank you, someone else already answered that for me.

So how are you gonna sell Lunchbox Joe that exempting business isn't screwing him over somehow? Bet he tells you his rate could be cut if business was forced to pay it's "fair share".


86 posted on 03/06/2005 10:00:19 PM PST by GoLightly
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