The FairTax is an indirect tax. If you can't afford it, you don't have to pay it. The current tax structure takes your property before you see it, without choice.
The current tax structure is built into the cost of product so with free trade, American Manufacturers have a 22% federal excise tax handicap built into the price, thus making competition with tax free imports impossible. FairTax will level the taxation and bring jobs back to America, all the jobs we have lost over the past 30 years.
Fairtax will not be in the cost of the product in the store, but will be added on at the sale, thus exposing the true amount of taxation being done by government, making those who hide from their paycheck deduction see clearly the cost of Government.
Imagine, you are in a bind for cash, so instead of buying a new car with your gross paycheck, SSI, medicare not coming out, will buy a used car which will be tax free. Used products including houses are tax free at purchase. Tax is paid only once on a product. The cost of building a new house is reduced by the amount of taxes repealed out of labor paychecks, business taxes and such. When you buy the ;new house, the tax is added after sale and included in your purchase price, with a gross paycheck to pay for a home with a near wash on the difference before fairtax and after.
How can fairtax be so, fair? How many people do you know who work under the table and collect social programs? How many are criminal business? How many are rich people who have bribed congress for loopholes or have the earnings hidden off shore? Illegal immigrants will also start paying their fair share. That is how the fairTax plan will result in a cut in taxes paid for a family of four earning under $80,000.
The prebate program is one in which every single American gets tax free spending up to poverty wage, rich and poor alike. It is a safety net for you and yours, regardless of how you secure you feel today.
As to the 30% spam. You will not be adding the 23% fairtax in to the product before you calculate the consumption tax. Something costing a $1 today with tax will cost $.78 at the register, less the pay increase employees will be allowed to keep in the transfer of the tax structure. 23% of .78 is $.96 , not the scam explanation of $1.30.
Anyone who does not appreciate the FairTax plan loves the current political system of politicians being bribed to waive taxes, controlling our every decision by manipulating our economy to feed their cronies.
FairTax is what the founding fathers held as a proper taxation. Now for the federal government to need 22% of our GDP to fulfill the powers given them by the constitution, someone cannot read the constitution clearly. It should be about 5%, but that is another subject, separate from the freedom we can achieve by the tool fairtax, one that will help us bring the federal government back under Constitutional control
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