A used car bought from a dealer is a retail transaction and will be NRST'd. A used car bought from an individual will have to be registered and THEN they get you.
"A used car bought from a dealer is a retail transaction and will be NRST'd. A used car bought from an individual will have to be registered and THEN they get you."
Wrong on the first matter and with regards to your second statement, when did we start registering cars on a federal level?
A lot of fear in there! They'll "get you"! Nice liberal tactic! But it doesn't work on FR.
And it's really wrong with respect to HR 25 too.
If an item has ever been taxed before, the nrst HR 25 does not tax it again.
So a car is taxed once and only once - when purchased for retail consumption. There is no nrst (HR 25) on used goods. Nor is there any nrst on goods produced under our income tax... because goods produced under our income tax already have near equivalent tax in their prices.
....A used car bought from a dealer is a retail transaction and will be NRST'd. A used car bought from an individual will have to be registered and THEN they get you.....
Used items including used land are not taxed..you might want to read the proposed legislation, you might actually like it:
http://thomas.loc.gov/cgi-bin/query/z?c108:H.R.25:
http://www.fairtaxvolunteer.org/smart/faq-main.html#1