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To: Sunnyflorida
With Fair Tax you do not pay on the money you have or the income it generates.

Right. But if you already have money saved, you get taxed on it again. Do you understand that?

357 posted on 12/24/2007 4:21:32 PM PST by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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To: Toddsterpatriot
No, they will never get it.
(Therefore the nrst/fairtax/consumption tax is truly a “permission to live” tax - you must spend to live, therefore you must pay the tax - they will never care how you got the money, or how many times it has already been taxed, just that they get their tax)

Now, extrapolate this a little... what items does (or can) the government control prices on (and therefore raise)?? - basic necessities - but they try to hide this behind the socialist prebate scheme....

The 'milk cartels" come to mind, and gasoline, and grain, and....

363 posted on 12/24/2007 4:30:24 PM PST by xcamel (FDT/2008)
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To: Toddsterpatriot
Nope - savings aren’t taxed under the FairTax - nor are capital gains. Only consumption that you control.
394 posted on 12/24/2007 7:37:17 PM PST by baybabe
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