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To: nsmart

Imagine companies around the world wanting to build businesses in the US because they would not be taxed.

Imagine getting your prebate HHS check each month to cover the taxes on necessities.

Imagine just filling out a postcard once a year to report dependents.


80 posted on 02/13/2005 1:52:13 PM PST by mombrown1 (Trust in God and our President)
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To: mombrown1
Imagine companies around the world wanting to build businesses in the US because they would not be taxed.

Imagine some 6.5 TRILLION dollars currently held in foreign accounts being repatriated to the good ole USA virtually overnight because they can now do that without any tax consequence!

Imagine another 1 TRILLION dollars minimum every 5 years being wasted dealing with this current mess being put to more productive uses!

118 posted on 02/13/2005 4:43:00 PM PST by Bigun (IRSsucks@getridof it.com)
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To: mombrown1
Imagine companies around the world wanting to build businesses in the US because they would not be taxed.
Yes they would. The FairTax requires all income earned in the US by foreign corporations and non-resident aliens to be taxed at the FairTax rate.
133 posted on 02/13/2005 6:01:49 PM PST by Your Nightmare
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