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To: Bigun
It does no such thing! no form of “income” would be taxed under the fairtax. Only PERSONAL consumption is.
Cite the part of the law that gives the "PERSONAL consumption" tax rate...You can't because it doesn't exist.

The law states the rate is 23% of the gross payments received..

IOW, the business gross INCOME is taxed..

21 posted on 04/17/2012 10:23:44 AM PDT by lewislynn ( What does the global warming movement and the Fairtax movement have in commom? Misinformation)
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To: lewislynn

And the CONSUMER, not you , pays it you idiot!


22 posted on 04/17/2012 10:37:42 AM 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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