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To: servantboy777
For instance, if your layed off from your job...you naturally cut back on spending.

Under the current system, if you're laid off from your job, chances are that you will pay less in income taxes.

With the FairTax, if you are laid off from your job and your refrigerator dies, you will pay full tax on a replacement. Same with car repairs, food, utilities, water, laundry detergent, medication, etc. If you need to tap savings or borrow money to meet unexpected expenses, you will need 30% more for the FairTax.

272 posted on 10/10/2007 7:19:14 AM PDT by lucysmom
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To: lucysmom

>>With the FairTax, if you are laid off from your job and your refrigerator dies, you will pay full tax on a replacement.”

A very valid point....the difference though is huge.

YOU have the choice to decide.


298 posted on 10/10/2007 10:16:05 AM PDT by servantboy777
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