How much higher would taxes be in Cali if they had to pay 30% or more FairTax to the Federal government on every salary, benefit and purchase of goods and services (except education)? 25% higher? more?
How much higher would taxes be in Cali if they had to pay 30% or more FairTax to the Federal government on every salary, benefit and purchase of goods and services (except education)? 25% higher? more?One thing that can't do here is raise our property taxes to pay for it.
Not to mention what the FairTax would do to the price of a half a million dollar California starter home.
An elderly friend is moving from her home into assisted living, the FairTax would make that unaffordable. When the FairTax burned through her money, would the state have to assume the cost? She is the last in her family.