[barb-tex]

Thats all well and good, but what worries me is goods in the pipeline. The Ten Jillion new cars setting on lots will all have the embedded tax.What happens to them. Also we exempt used goods and something else and somthing else and we end up worse than today.
barbra ann

[Man50D]

Thats all well and good, but what worries me is goods in the pipeline. The Ten Jillion new cars setting on lots will all have the embedded tax.What happens to them. Also we exempt used goods and something else and somthing else and we end up worse than today. barbra ann

The pipeline scenario will be a short situation compared against a long term solution.

Also we exempt used goods and something else and somthing else and we end up worse than today.

Items will not be exempt with the Fair Tax Fair Tax FAQ #4. People will receive a rebate on taxes for necessities, including transportation, up to the cost of living Fair Tax FAQ #3

I suggest you read The Fair Tax(H.R.25,S.1025) first and then ask questions.

[whd23]

Sorry barb, you’re asking the wrong person! I’m not a Fair Tax booster or detractor. I just noticed that your comparison of the income tax and sales tax rates was inconsistent.