Talk of The Villages Florida - View Single Post - Fair tax. 23 cents tax on every sales purchase. What do you think of it?
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Old 06-26-2008, 12:21 AM
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Default Re: Fair tax. 23 cents tax on every sales purchase. What do you think of it?

Quote:
Originally Posted by Taltarzac
http://en.wikipedia.org/wiki/FairTax

This will seem to make it very expensive to buy luxury items for anyone with a fixed income with 23% sales tax on every item. Does this tax apply to all goods like the basic foods and would it be over and above the already say 6 to 7.5 or so % the State of Florida and localities put on some items.
As far as I see it, if someone is on a fixed/lower income bracket, they shouldn't be buying "luxury" items anyway. Just a thought.
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