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To: RobFromGa

I am unaware that the Fair Tax exempted businesses from tax on retail goods. I've read the legislation, but I did not see that in there. Would someone kindly point me to where it says that.


87 posted on 05/03/2005 9:22:04 AM PDT by numberonepal (Don't Even Think About Treading On Me)
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To: numberonepal
`SEC. 102. INTERMEDIATE AND EXPORT SALES.

      `(a) In General- For purposes of this subtitle--

            `(1) BUSINESS AND EXPORT PURPOSES- No tax shall be imposed under
                 section 101 on any taxable property or service purchased
                 for--

                  `(A) a business purpose in a trade or business

90 posted on 05/03/2005 9:24:25 AM PDT by kevkrom (If people are free to do as they wish, they are almost certain not to do as Utopian planners wish)
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