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To: BerthaDee
Posing as "tax reform", the NRST (HR 2525) also represents a "land grab" where business interests are favored over individuals purchasing for their own use:

This a significant inequity between individuals trying to buy their own new homes and landord/investors looking to buy the same single family dwelling as a rental investment. This disparity has long term implications affecting the distribution of private property. The American tradition favoring individual property rights is reversed. The NRST would discourage individual "consumption" of real property.

"... legislators cannot invent too many devices for subdividing property, only taking care to let their subdivisions go hand in hand with the natural affections of the human mind. The descent of property of every kind therefore to all the children,...

But it is not too soon to provide by every possible means that as few as possible shall be without a little portion of land. The small landholders are the most precious part of a state."

-- Thomas Jefferson to James Madison, Oct. 28, 1785 -- PROPERTY AND NATURAL RIGHT


470 posted on 03/09/2005 9:56:45 AM PST by Willie Green (Go Pat Go!!!)
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To: Willie Green

Thank you for your response. It has been a while since I have read the entire proposed legislation, could you please direct me to the portion which states that real estate purchased for rental purposes would not be subject to the sales tax. Thanks.


496 posted on 03/09/2005 1:10:49 PM PST by Finger Monkey (H.R. 25, Fair Tax Act - do the research, contact your legislators, get this puppy passed.)
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