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To: RayChuang88
An issue with FairTax is how to transfer that 23% tax from every retailer in the USA back to the Federal government.

Not really much of an issue at all! 45 of the 50 states already have state sales taxes in place and the retailers there in would need two - at most three - new lines of code in their computer programs in order to deal with the fairtax and both (the retailers and the state) would be compensated for their troubles. The other five states would be slightly more difficult but not that much more so.

65 posted on 09/30/2011 7:56:51 PM PDT by Bigun ("The most fearsome words in the English language are I'm from the government and I'm here to help!")
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To: Bigun
Bigun wrote:
Not really much of an issue at all! 45 of the 50 states already have state sales taxes in place and the retailers there in would need two - at most three - new lines of code in their computer programs in order to deal with the fairtax and both (the retailers and the state) would be compensated for their troubles. The other five states would be slightly more difficult but not that much more so.
Your statement is true for businesses which sell taxable goods in the states with sales taxes.

The FairTax also applies to basically all services. Many states don't charge sales tax on services at all, and no state taxes services as widely as the FairTax does. There are millions of businesses in service industries today who do not collect any sales tax and have no system in place for collecting and remitting sales taxes. This ranges from lawyers, doctors and accountants all the way down to landscape services, painters, roofers and pool cleaning services. In most states, none of these businesses collect and remit sales taxes.

69 posted on 09/30/2011 9:41:02 PM PDT by ¢ommon ¢ents ( If having an "R" makes you conservative, does walking into a barn make you a horse's (_*_)?)
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