Quote:
Originally Posted by ssneade
i see what you're saying, but first, after the fair tax is enacted, your employer doesn't pay half of your social security tax, because there won't be any. nothing hidden there.....
Still hidden. Like I stated above, hiding in every purchase rather then in smaller pay checks.
second the fair tax is an inclusive tax, rather than an exclusive tax. so your seven dollar container of ajax would still be seven dollars.....
Depends on your ability to negotiate. If you can get the base price down then the tax follows down.
third, who runs congress, them or us? our government is elected, not appointed, for now. our current system allows just what you are talking about. i encourage you to read the bill thoroughly before you make an opinion.....
thanks,
scott
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I've read the bill and the book. That isn't the bill that would get out of congress and into law and still doesn't prevent the continued corruption of the law the day after it becomes law.
Also to counter on more point made before. The exemptions would come a little at a time so you wouldn't be likely to notice your taxes went up a quarter percent, a sixteenth of a percent. They would also be as likely as they are now to print them extra money or borrow it, both of which cost you and should be considered hidden taxes.
Like I said above, we need to fix up the existing system before trying to trade it for a new one.