30% tax on the purchase of a home while an invester (land lord) doesn’t pay that 30%. Could you afford an extra 30% tacked onto the price of your home?
ME: wont i have 30 percent more to spend without an income tax? can i not still shop around?
ME: wont i have 30 percent more to spend without an income tax?The only thing the law dictates (HR25) is the tax. There's nothing about what affect no income tax would have on takehome...
The Fairtax own economists state that gross wages would be current takehome...But don't worry your government check will be in the mail.
Nope, your paycheck will be about the same. Explained many times.