Sounds more like a trade off than a gain.
Of course if you accept that prices remain the same because hidden taxes are removed, which I don't, then the non-income tax paying drug dealer will be paying the same amount of tax he's paying now AND he'll get a prebate check at the beginning of each month.
Sounds more like a trade off than a gain. Of course if you accept that prices remain the same because hidden taxes are removed, which I don't, then the non-income tax paying drug dealer will be paying the same amount of tax he's paying now AND he'll get a prebate check at the beginning of each month.Actually, because the drug trade is an import trade, the FairTax could tax the drug trade less than the current system. A portion of the untax money going into the drug market is going to leave the country to buy more drugs for import. In this sense, it's better to tax the money going in (current system) than coming out (FairTax).
Sounds more like a trade off than a gain.You're forgetting that under the fairtax the "prebate" would further lower their tax burden...