Wiley
Member
[pcf, please go to the fairtax.org site. Look at the faq, and look at HR25, the bill to implement the Fair Tax. And yes, you'd win the bet.]
From the Fairtax.org site:
The key point is that goods and services are only taxed ONCE.
I would not be subject to jail because I am not in the business of house painting. No commercial service was provided. To think otherwise is the same as thinking that you must pay workmans comp ins. for your kid when he mows the lawn.
PLEASE, do a little reading on the site or spend a couple of bucks on Rep. Linder's book.
No taxing scheme is perfect, the Fair Tax is far better than the current system, and better than any of the proposed alternatives.
From the Fairtax.org site:
What is taxed? The FairTax is a single-rate, federal retail sales tax collected only once, at the final point of purchase of new goods and services for personal consumption. Used items are not taxed. Business-to-business purchases for the production of goods and services are not taxed. A rebate makes the effective rate progressive.
The key point is that goods and services are only taxed ONCE.
I would not be subject to jail because I am not in the business of house painting. No commercial service was provided. To think otherwise is the same as thinking that you must pay workmans comp ins. for your kid when he mows the lawn.
PLEASE, do a little reading on the site or spend a couple of bucks on Rep. Linder's book.
No taxing scheme is perfect, the Fair Tax is far better than the current system, and better than any of the proposed alternatives.