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, 05:22 PM
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Default Re: Fair tax. 23 cents tax on every sales purchase. What do you think of it?

Let's not get into the 'are taxes legal' debate. Even courts haven't really settled it although don't tell that to Wesley Snipes.

As far as the fair tax plan goes. This is not a new idea. We have floated the idea of a VAT for many years. This one has the twist of only taxing at the production side (new goods and services) but a VAT is a VAT is a VAT. Canada employs one i believe. Barefoot help us out on that.