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To: baybabe
"Among the things not taxed under the FairTax are:.....

2) annual tuition payments made for education...."

How is this NOT an exemption of a good or service from the FT?

How is it different from going to the Dentist?

What does the word "annual" (as used here) mean EXACTLY?

Oh, that's right, some claim you're an Academic (b0t).

501 posted on 01/22/2008 3:25:05 AM PST by Paladin2 (Huma for co-president!)
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To: Paladin2

“2) annual tuition payments made for education....”

“How is this NOT an exemption of a good or service from the FT?”

This is a consumption tax. Education is not a consummable item; it is an investment in human capital.


566 posted on 01/22/2008 6:47:01 PM PST by phil_will1 (My posts are in no way limited or restricted by previously expressed SQL opinions)
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