Man, it's gonna take an army of IRS agents to audit every person to see if their tax information is legitimate. Sounds like what we have today.
Keep it up. You too are doing your part to make the Fair Tax look awesome.
Man, it's gonna take an army of IRS agents to audit every person to see if their tax information is legitimate.
You mean every person's going to register for business certification so their sales can be audited? I don't think so. The number of auditable businesses is more likely to be 10% of the 120 million filers that exist today.
Course if you want to run out and call yourself a business or act like one under a retail sales tax system, go right ahead. Nothing ventured, nothing gained.
Sounds like what we have today.
If you are a retail business guess what, GASP, yes you have to account for the tax dollars you are required and paid to collect from your customers.