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![]() "Wdtabor" wrote snip THe FairTax addresses this not by exempting certain goods, but by rebating the sales tax paid on spending up to the level determined as needed to cover basic expenses. The FairTax interests me, but I've been wondering why tax food and clothing at all in the first place, instead of sending out rebate checks (or deposits)? Is it because it is hard to classify certain items as "necessary" and a rebate is just easier? -Trent PP-ASEL |
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In article , "Trent Moorehead"
writes: The FairTax interests me, but I've been wondering why tax food and clothing at all in the first place, instead of sending out rebate checks (or deposits)? Is it because it is hard to classify certain items as "necessary" and a rebate is just easier? The FairTax will be collected by the States, which will get a commission for collecting it. There will be no federal taxing authority. The States have their own sales taxes already, and they differ from state to state as to what item are taxable or not. To add a federal list of taxable and non-taxable items would be very complicated to adminster. It is adminstratively simpler, and equally fair, to simply estimate the cost of essentials and allow for them uniformly. -- Wm. Donald (Don) Tabor Jr., DDS PP-ASEL Chesapeake, VA - CPK, PVG |
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