FairTax Fact of the day 06-Dec-2007

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December 6, 2007 07:04 PM

Rayj00

Member Since:
March 29, 2007

Is the FairTax fair?

Yes, the FairTax is fair, and in fact, much fairer than the income tax. Wealthy people spend more money than other individuals. They buy expensive cars, big houses, and yachts. They buy filet mignon instead of hamburger, fine wine instead of beer, designer dresses, and expensive jewelry. The FairTax taxes them on these purchases. If, however, they use their money to build job-creating factories, finance research and development to create new products, or fund charitable activities (all of which help improve the standard of living of others), then those activities are not taxed.

Rayj
First you're born, you pay taxes, you die.
Then your next of kin has to pay more taxes
on your funeral! How fair is that?

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FairTax Fact of the day 06-Dec-2007

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