[ QUOTE ]
.....none of this will be an issue.
Americans for fair taxation
[/ QUOTE ]
You should check out the web site
Americans for fair taxation
[ QUOTE ]
Although it accounts for gambling income
[/ QUOTE ]
The Fairtax does not account for any income. It is not an income tax, it is a consumption tax.
[ QUOTE ]
better than the current system does, it's still an absolute [censored] system.
[/ QUOTE ]
You haven't researched 1 word of the Fairtax and you're condeming it.
[ QUOTE ]
If you need to understand why it's bad, realize that Krazy Dan Independent Contractors, Inc. needs a new car for... um... business purposes and as a business won't have to pay the tax. Same goes for a new computer and all of those groceries are being used by Krazy Dan Independent Contractors, Inc.
[/ QUOTE ]
No corporations pay tax. If you need to understand why.
Any taxes you think corporations pay are paid from the income of it's customers. And if the taxes increase the corporation increases it's pricing. (unless it's a commercial airline)
[ QUOTE ]
It's not even a bill yet, is it?
[/ QUOTE ]
Yes it is
H.R. 25 introduced Jan 5 2005