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To: Bigun; baybabe
Maybe you can answer the question baybabe keeps avoiding?

My doctor currently charges $100 for a checkup. After the FairTax, the doctor bill will have one line that says, Checkup:$100.

The next line will say FairTax:$---

What will the amount in that line show?

Thanks.

771 posted on 01/11/2008 8:52:06 AM PST by Toddsterpatriot (What came first, the bad math or the FairTaxery?)
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To: Toddsterpatriot
Under the FAirTax a price listed would include the FairTax so if the Dr. lists checkups @ $100 The receipt would show $77.00 for services rendered and $23.00 tax remitted to Fed. Gov.

Under the Fairtax $23.00 of every $100.00 spend on a new good or service would go to the Fed. Gov as tax but it is VERY important for one to remember that under the FairTax one would not have to earn in the range of $120.00 - $150.00 in order to have the funds on hand to allow him to make that $100.00 purchase. Under the FairTax you would have to earn exactly $100.00 in order to have the funds on hand to make that $100.00 purchase.

772 posted on 01/11/2008 10:20:50 AM PST by Bigun (IRS sucks @getridof it.com)
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