"A 23-percent (of the tax-inclusive sales price) sales tax"So much for the "plain English."
The $5900 prebate will be about a $500,000,000,000 entitlement that costs taxpayers every year. That means the fairtax not only replaces the current system, but is actually a tax increase that has to cover this new entitlement. It is not revenue neutral, it is actually a big tax increase.
"A 23-percent (of the tax-inclusive sales price) sales tax"Not only that, they were careful to not quote the language of the bill..."23% of the gross payment"... The word "price" isn't mentioned in the bill regarding what is taxed.So much for the "plain English."
Sorry you can't understand plain English Nightie - but not surprised.