He pays the 23% embedded taxes on his legal purchases. He avoids income taxes on illegal sales. However, if the FairTax is in place, he would have paid taxes on the Benz, spinners, sneakers, jewelry, etc...
Exactly as it is today. In neither case does the drug dealer actually submit any tax. The only difference is under the fairtax he receives a little piece of paper showing what taxes that were paid on his purchase. On the income tax they are hidden and embedded into the price.
Exactly as it is today. In neither case does the drug dealer actually submit any tax. The only difference is under the fairtax he receives a little piece of paper showing what taxes that were paid on his purchase. On the income tax they are hidden and embedded into the price.
So, are you finally admitting that 23% of current product prices is an embedded tax, which you have denied for years?