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To: teenyelliott
Illegals do not pay income tax. Criminals do not pay income tax. The nonworking wealthy do not pay income tax.

That belies the Fair Taxers' argument that all retail prices have embedded income tax of about the 23% level. All these groups pay embedded income taxes when they spend their money.

So which is it? These people escape taxation, or we all pay embedded taxes? The FTers are smoke and mirrors dissemblers.

327 posted on 01/13/2008 6:19:54 PM PST by GregoryFul
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To: GregoryFul; teenyelliott
Those of us who are legally successful pay both the embedded corporate “income” tax and individual income tax, while those Americans who are either not successful and receive welfare, either by means of “tax cuts”, or directly, via other means, or those who earn income under the table or off the books pay only the embedded taxes. With the fair tax, which is based solely upon spending, and not income, everyone would pay the sales tax, and only the sales tax on purchases of new items at the retail level. Illegal aliens would not receive the prebate which is based upon family size, and not income.

May I suggest you read either the book or the legislation?

328 posted on 01/22/2008 3:18:47 PM PST by Finger Monkey (H.R. 25, Fair Tax Act - A consumption tax which replaces the income tax, SS tax, death tax, etc.)
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