Another look at the FairTax

Human Events ^ | Jan 31, 2006 | Jim Burns

[thehumanlynx]

Go read the faq about the fair tax, you wont get taxed on that stuff at all until you purchase a new good or service.

It is a National sales tax, the creators of the legislation dubbed it the Fair tax, but not calling it the fairtax anymore is not gonna go through, you can call it whatever you want but be sure you tell your representative exactly which bill you suppport.

I would encourage you to check out the website, the faqs expecially. Thanks for looking.

[Admin Moderator]

In the future, please include full attribution when posting articles. IOW - fill in all the blanks.

Thanks,

AM

[thehumanlynx]

Sorry, I'll do that.

[pigdog]

There are many, many who agree with you completely - over 600,000 registered members of Americans For Fair Taxation, the organization behind the FairTax.

Just keep on telling people about it ... it is a GROWING, GROWING grassroots movement.

[Shooter1001]

Thanks, I promise to review the info.

[thehumanlynx]

cool, be sure to let me know what you think, there are plenty of people on this forum who have studied it more than me. but from what I've read, I like it

[John SBM]

I've heard your concern from a numbers of people. Please read more about the way the Fair Tax works. When you draw your savings from a 401, and spend money, you are paying the imbedded taxes today. Those will be replaced by the Fair Tax, the cost outof pocket for what you spend on will not change. And, you are still taxed an income tax - lower rate on what you will withdraw - and that will go away under the Fair Tax. I believe with some research you will see this as an overall improvement in your position.