R Ricter Oct 15, 2013 #21 Quote from Tsing Tao: You're conveniently ignoring that, under a fair tax everyone keeps their income. So in total tax, the Rich would not be paying more. More... My bad, I thought fairtax advocated a flat tax rate on purchases.
Quote from Tsing Tao: You're conveniently ignoring that, under a fair tax everyone keeps their income. So in total tax, the Rich would not be paying more. More... My bad, I thought fairtax advocated a flat tax rate on purchases.
Tsing Tao Oct 15, 2013 #22 Quote from Ricter: My bad, I thought fairtax advocated a flat tax rate on purchases. More... It does, sorta. It's a percentage sales tax on purchases. But it does so in lieu of doing away with income tax.
Quote from Ricter: My bad, I thought fairtax advocated a flat tax rate on purchases. More... It does, sorta. It's a percentage sales tax on purchases. But it does so in lieu of doing away with income tax.
R Ricter Oct 15, 2013 #23 Quote from Tsing Tao: It does, sorta. It's a percentage sales tax on purchases. But it does so in lieu of doing away with income tax. More... So if I want to buy an M5 instead of an M3, because I can afford it, I have to pay more in tax than the guy who can only afford the M3? How is that fair?
Quote from Tsing Tao: It does, sorta. It's a percentage sales tax on purchases. But it does so in lieu of doing away with income tax. More... So if I want to buy an M5 instead of an M3, because I can afford it, I have to pay more in tax than the guy who can only afford the M3? How is that fair?
