09-07-2012, 01:16 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Quote:
Originally Posted by Trend
I support the FairTax
The FairTax is a national sales tax that treats every person equally and allows American businesses to thrive, while generating the same tax revenue as the current three-million-word-plus word tax code. Under the FairTax, every person living in the United States pays a 23% national sales tax on purchases of new goods and services. This rate is equal to the lowest current income tax bracket (15%) combined with employee payroll taxes (7.65%), both of which will be eliminated.
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Wrong -- the FairTax
Fair to whom. Nowhere does it say the FairTax applies to legal persons.
"Answer: Corporations are legal fictions that have not, do not, and never will bear the burden of taxation. Only people pay taxes."
What are these people smoking?
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