To: phil_will1
The Fair Tax is the first building block to a VAT!
13 posted on
01/06/2011 4:47:53 AM PST by
tiger-one
(The night has a thousand eyes)
To: tiger-one
The Fair Tax is the first building block to a VAT!
The Fair Tax is the opposite of a VAT! We already have a VAT with the federal income tax code! Corporations consider taxes levied against their income as a cost they pass onto the consumer by including that cost in the price at each stage of production for everything we purchase. The Fair Tax will remove those embedded VATs by eliminating all federal income taxes, including corporate income taxes. Taxes will not be levied on businesses with The Fair Tax. The Fair Tax will only be applied once, at the final point of sale.
To: tiger-one
The Fair Tax is the first building block to a VAT!
Please expand on this. I would like to understand your logic.
89 posted on
01/07/2011 6:53:26 AM PST by
Eagle of Liberty
(formally known as Kerretarded....I changed my name)
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