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To: pigdog
Not true and you know it, Nightie. The normal method that will be used under the FairTax is the use of the resale certification and that is specified in the bill.
I don't know how it would work. I assume Linder does. What he describes would conform to the language of the bill, IMO.


The mechanism mentioned by Linder is there for use in certain exception cases where it's use would be helpful, but not as the typical method.
That's not what Linder said. You are putting words in people's mouths again.
183 posted on 08/15/2005 1:48:27 PM PDT by Your Nightmare
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To: Your Nightmare
NO - I'm not. It is you trying to spin what Linder said as though he intended that to be the general case when what he was talking about were sales tax credit mechanisms that could be used for business conversions to personal use, etc.

That is very clear from the bill as is the language that describes the normal case:

"`(d) Seller Relieved of Liability in Certain Cases-

In the case of any taxable property or service which is sold untaxed pursuant to section 102(a), the seller shall be relieved of the duty to collect and remit the tax imposed under section 101 on such purchase if the seller--

`(1) received in good faith, and retains on file for the period set forth in section 509, a copy of a registration certificate from the purchaser, and

`(2) did not, at the time of sale, have reasonable cause to believe that the buyer was not registered pursuant to section 502. "

This has been pointed oput to you before Nightie, so you cannot honestly pretend you didn't know it.

207 posted on 08/15/2005 5:04:28 PM PDT by pigdog
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