Will they dream of electric sheep?

Also, the United States corporations and rich people have TRILLIONS of dollars parked off shore to avoid federal taxes. That money could come back home. The United States would go from being a country that corporations avoid because of taxes, to being a country that corporations would LOVE to set up in. More jobs here.

First, they wrote it that way on purpose. Federal taxes right now are inclusive taxes. Normal State sales taxes are exclusive taxes. To make the comparison with current federal taxes, they wrote the bill inclusively (apples to apples). If the tax were figured as an exclusive tax, it would be 30%. Inclusively, it is 23%.

State taxes are figured on the item's price. The Fair Tax is include in the item's price. So, if it is marked at $100 on the shelf, the tax on that is $23, include in the $100 price tag. State sales tax on the item would be ((price - federalTax) * stateSalesTax).

Those taxes include your So So Security tax, Medicare tax, and any other federal tax that comes out of your check now. Your check would be devoid of ANY federal tax.

Used items would NOT be taxed, so the Fair Tax even promotes recycling.

The myths about the Fair Tax are debunked on their web site.

Of course private transactions are going to be rift with fraud; however, anyone who buys something in a store or gets a service in a store, WILL pay the tax, just like they pay state sales tax now.

BUT!!! Right now, people who earn money strictly in cash transactions don't pay ANY federal tax on it. With the Fair Tax, they WILL pay tax whenever they buy new items or get services. Right now, foreign visitors pay NO federal taxes. This would cause ALL of them to pay taxes here. Right now, corporations pass on the cost of their taxes and the cost of preparing taxes, to us, the consumers, in higher prices. Corporations would no longer have to pay federal taxes on earnings, just on what they buy. They would also not have to spend billions every year preparing their taxes. Those savings, because of competition, will have to be passed on as well.

The best thing about the Fair Tax movement, is that along with the Fair Tax bill is companion legislation to repeal the 16th Amendment; thus, removing Congress' authority to levy an income tax.

All new goods, and all services, would be part of the tax. That means that EVERYONE who buys anything new, or even gets a haircut, will pay the tax. Including illegal aliens, prostitutes, under the table employees, foreign visitors, EVERYONE.

I suggest you actually read the fair tax site. The fair tax provides a prebate check for taxes paid up to the poverty line, so the poor pay NO TAXES for spending on basic necessities. Used items are also not taxed.

Try reading what it is before commenting.

That made absolutely no sense.

The IRS shouldn't even exist. Why tax productive work? Why not tax consumption? The more you buy, the more tax you pay. If you save and are thrifty, the less tax you pay.

http://www.fairtax.org/

Epoxy and some nice looking black plastic to cover the camera. Problem solved. Next?

Trust me though, low 5 digits don't work as well. They all say it's too big.

ROFLMAO!