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To: Always Right
The Fair Tax comes into play only when people spend their money. There are no tax shelters in it, since you can amass a tax-free income and the government won't care where you keep your money. The one and only time you get taxed is when you spend your money and the amount of tax due is ALWAYS visible upfront. So you know what government costs you - and therein lies the lesson - government isn't free. You pay for it. With the Fair Tax, there would be ONLY ONE tax. I'm NOT talking about a European style VAT here. Just a tax collected at the retail level.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

193 posted on 05/13/2007 8:29:00 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop
The Fair Tax comes into play only when people spend their money.

Except if you are one of the millions of self-employed people like myself, it is effectively a 23% gross income tax. I can't earn money without having to send money to the government.

195 posted on 05/13/2007 8:34:24 PM PDT by Always Right
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