To: beachn4fun
Id like to know how, if any, the fair tax is different than the flat tax?
There are several differences but the most profound difference is anyone of the flat tax bills before Congress maintain the income tax code and the IRS. The Fair Tax will repeal all federal income taxes and abolish the IRS. No longer will you have to fill out any tax forms since you will be paying the tax every time you make a purchase.
116 posted on
11/13/2008 4:55:19 PM PST by
Man50D
(Fair Tax, you earn it, you keep it!)
To: Man50D
No longer will you have to fill out any tax forms since you will be paying the tax every time you make a purchase.Ah! Ok. But, how will the "fair" tax be determined?
117 posted on
11/14/2008 4:55:35 AM PST by
beachn4fun
(Congress gone wild!)
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