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To: Cheburashka

The 23% sales tax would replace the embedded taxes you already pay. The price of most retail items wouldn’t change (or change very little).

And while you’re right about the mentality of a Democratic congress, we can get the FT passed if we apply constant, relentless pressure to congress. The fact that the FT is now being discussed on the House Floor is proof of that.


18 posted on 04/19/2007 5:34:08 AM PDT by navyguy (We don't need more youth. What we need is a fountain of SMART.)
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To: navyguy
As a retailer I find that the worst taxing authority there is is the state sales tax folks. I hope we're not saying that they get the power to audit, audit, audit the fair tax, because they are truly just like the gestapo.

Also, I'm slightly confused. Lets say I sell a collectors piece of fine art for 10,000. If the tax is inside that number, who eats the 23%?

20 posted on 04/19/2007 5:55:16 AM PDT by Utah Binger (Superiority Compex Folks are Usually Inferior)
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To: navyguy
I’m tempted to ask about your bridge investment portfolio in New York City, and whether you want to invest in another.

Instead I will play it straight and simply say I suspect you will be very disappointed in how this taxing scheme works out if you get your wish.

But I have no doubt you will never get your wish as long as the Demonrats are in control, and really doubt this will ever come to pass at all.

23 posted on 04/19/2007 6:26:49 AM PDT by Cheburashka ( World's only Spatula City certified spatula repair and maintenance specialist!!!)
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