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Fairtax familiar around here?

Name: Top_Cat 2006-03-08 21:26

so are the people here familiar with the fairtax act? look up fairtax.org and discuss.

Name: Top_Cat 2006-03-12 22:41

>>22 what plan are you looking at? the fairtax works at the retail level and is applied on all goods and services. retailers and sevrice providers collect it. buisness transactions are untaxed, and that's proably pretty dang easy to keep seperate from luxury buys. sellers that provide industrial supplies or sell goods to retailers would sell without tax. you wouldn't just fash a buisness card a wal-mart and get that HDTV without playing tax.

workarounds for goods may cost you more than you save. say, buying a pallet of those HDTV's from your buisness without tax. but if you could do that, you'd probably be able to just give one to yourself out of your usual buisness, as i doubt a supplier would sell a crate of electronics to say, a dry cleaner, lest they be caught as part of a tax evasion scheme. it takes two to evade the fairtax, and the seller would probably face risk of percecution fot the tax evasion, in addition to not benefiting directly with the deal.

and you'de have to be seriously tricky to evade the fairtax on services. say you want to have your car painted and waxed, to avoid playing fairtax, you'd probably have to take your car overseas, or at least to mexico or canada, and having it done there would probably cost more than you'd save by avoiding the fairtax on it.

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