Posted on 08/17/2005 4:28:06 PM PDT by witchypooy
Spend some quaality research time on the bill and the FairTax website and I think you'll see the benefits for most people under the FairTax.
Really? Why do you feel that way? There's a very good chance that isn't the case.
Think about what the dems can do with the Fair Tax once they regain control on the Hill. It's a VAT just waiting to happen.
To overturn a tax law of the land that will be very popular with the people - as the FairTax will be - it would be very difficult to make it into a VAT.
Remember, there are plenty of bad experiances with VATs to point to and there would be a lot of opposition ... even within the Decocratic party.
Your concern is understandable. However, there is a mitigating provision that will offset this factor. It's called the "pre-bate". If you go to the Fair Tax website and read up a bit on that provision I believe you'll understand that it will more than compensate for and offset the effects of those changes which understandably worry you.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.