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To: OESY

I like the flat tax better because it helps the economy far better than the "fair tax." The "fair tax" assumes that products and services can absorb any changes - but they cannot.

My clients will not take on an additional 20% tax hike onto the services I provide. Its rediculus. Forbes is right. The flat tax is proven and is simplistic.

In either case I hope that businesses still would get tax write offs for expenses. If they do not, we will be hosed.


43 posted on 08/15/2005 7:25:48 AM PDT by BoBToMatoE
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To: BoBToMatoE
In either case I hope that businesses still would get tax write offs for expenses. If they do not, we will be hosed.You do. Every bit of your expenses are deductible. And every bit of your revenue is not taxed. Businesses don't pay the Fair Tax! Didn't you know that?
90 posted on 08/15/2005 9:35:38 AM PDT by rwrcpa1 (April 15. Let's make it just another day.)
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To: BoBToMatoE

Forbes is a long way from being right. The FairTax benefits the economy to a FAR, FAR greater degree than any flat tax.

Please read post #101.


119 posted on 08/15/2005 10:53:23 AM PDT by pigdog
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