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To: Nathan Zachary

No, the fair tax is not a tax on everything. It does not tax parts used in auto manufacture - or any manufacture.

It is a tax on retail consumption. It has zero business taxes... which, as you know, end up in higher prices, lower wages, or reduced ROI... like today’s system or a flat income tax.


9 posted on 06/15/2009 8:34:36 AM PDT by Principled (Get the capital back! NRST!)
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To: Principled

Does the fair tax apply to necessities such as food and perscription drugs?


213 posted on 06/16/2009 12:10:35 AM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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