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Imagine recieving your intire paycheck including what is paid to social sucurity. Without the price of goods going up. Read the fairtax book youll be glad you did.

2006-07-28 09:04:39 · 7 answers · asked by Kenray98 1 in Politics & Government Other - Politics & Government

7 answers

The price of the good may not go up, but a new federal tax would be added to stuff. So, if an item costs 1.00 and you currently pay 8.25% sales tax, the federal rate could be another 8.25%.

I agree the the current tax plan vacuums, but I do not know if this is the best plan. I think we should start by cutting the pay of all those senators and representatives.

2006-07-28 09:17:25 · answer #1 · answered by justaskn 4 · 0 0

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2016-11-03 05:20:49 · answer #2 · answered by Anonymous · 0 0

Excellent concept/book etc. I actually know Neil Boortz who co-authored the book and know that he attends/hosts FairTax rally's. I can't remember the senator's name who co-authored it but hopefully he can get more congressional support behind it.

One of the key parts the book spells out for people is that Corporations DO NOT pay Taxes - anytime their taxes are raised they add on to the cost of the product/service that they sell. There is no Board of Directors that is going to go to their shareholders and tell them they lost money cause of increased taxes. Therefore decreasing corporate taxes decreases final price of goods/services.

2006-07-28 09:14:06 · answer #3 · answered by dlil 4 · 0 0

Yes, i would love for that to replace the freaking IRS.

2006-07-28 09:09:32 · answer #4 · answered by Anonymous · 0 0

is this the same as a flat tax?

2006-07-28 09:07:35 · answer #5 · answered by bgreve1 2 · 0 0

i will .but there have to be lope holes all end this

2006-07-28 09:14:43 · answer #6 · answered by idontkno 7 · 0 0

wow thanks for the tips

2006-07-28 09:07:59 · answer #7 · answered by ~*~ Stormy Weather~*~ 4 · 0 0

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