With less to gain under the FairTax and with the ability to concentrate more collection resources on a smaller number of taxpayers, an evader would have to be an utter fool to think the FairTax is "better" for himI have a service business and the fairtax would be a huge gain for me should I choose to evade the tax. First of all initially I would have to RAISE my rate the amount of the tax just to break even, that would be a 30% (not 23%) increase in my gross. Me, the business owner being required by law to give a receipt to everyone who is NOT required to keep them or even allowed to write off my expense would be a HUGE incentive for services to evade the fairtax...I have to give a receipt to everyone who has no use for one..BFD!
What were you thinking Lapdog?
You will go out of business then. It would be pretty stupid to raise your prices when none of your competitors do so. I own a service business too - you aren't the only one.
BTW the tax would be 23% (not 30%) of your gross.
Great Looey - go ahead. You're probably doing it right now since we know of your Tax Protester alliances. You'll find out under the FairTax you'll make a lot less in evasion than you do now (and have a greater chance of bein nailed).
Be sure to post your name and address so we can turn you in and help lower the FairTax rate. Always thot you sounded a bit criminal ... nobody ever said you had to be smart to be crooked and you're the living proof.
Not if you're required by law. Try NOT giving a receipt to the wrong person.