[Always Right]

Yup. I've had that discussion before...without hearing any reasonable explanation of where the taxes come from that the Corporation pays. My supposition based on that particular discussion was the corporate tax fairy paid them.

The government collects $1.3 Trillion from individuals, and $650 Billion from businesses (which includes their half of SS and medicare taxes). Business can remove that $650 Billion from their prices, but that only will reduce prices by about 8%, far less than the 30% sales tax that will be added.

[Durus]

That is an overly simplistic analysis of business. There is more to the price of goods then tax liability on said goods.

[Phantom Lord]

Business can remove that $650 Billion from their prices

And several hundred billion more in compliance costs. And couple that with the billions spent by individuals to comply with the tax system which will increase their purchasing power, along with no longer having money withheld for federal taxes on their pay check.

And I am still waiting for you to show me where in the Fair Tax bill states are required to abandon their income taxes and switch to a sales tax. Where is it?

[dirtbiker]

The government collects $1.3 Trillion from individuals, and $650 Billion from businesses

Wrong! All taxes collected by the government come from individuals, all businesses do is act as tax collectors for the government, and pass any taxes levied onto it by government to the consumer....