so are the people here familiar with the fairtax act? look up fairtax.org and discuss.
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Anonymous2006-03-10 22:14
I don't get it. What's the difference between being taxed before or after buying something? Isn't it commutative?
One thing it will be good at doing is causing people to hoard their money. That's the lifeblood of the economy they're squirreling away (thus preventing from flowing), which will either murder the economy or result in inflation.