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To: pigdog
Hard to see what busineses you might be referring to.

Particularly when you don't understand what you're reading. I was referring to businesses who are now taxpaying businesses but would be exempt from the fairtax system of collecting taxes (I thought the fairtax didn't like exemptions).

It is the buyers who pay taxes; the businesses merely forward it to the state
If a business makes a mistake and forgets to collect the tax on a transaction does that mean there's no tax due?...I didn't think so.
834 posted on 05/21/2005 7:14:56 AM PDT by lewislynn ( Is calling for energy independence a "protectionist" act.)
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To: lewislynn

In fact, looey, what that business is doing is STEALING from the government, not "forgetting" - though he might so argue to try to escape penalties.

Read the bill.


839 posted on 05/21/2005 9:05:58 AM PDT by pigdog
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