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
To: baybabe
Nope - savings aren’t taxed under the FairTax - nor are capital gains. Only consumption that you control.But if you already have money saved (today), you get taxed on it again (under the FairTax when you spend it).
447 posted on
12/26/2007 6:18:52 AM PST by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
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