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Fair Tax
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<blockquote data-quote="toonertoo" data-source="post: 126163" data-attributes="member: 1944"><p>I think the greatest thing about fair tax is (besides keeping all your money and decidding when to spend it) is you only pay tax on NEW.. If you buy a new car youll pay 22-25 %. So on a 30K car, youll pay 6k in tax. If you buy one a yr old, already licensed for 29k, you pay zip. </p><p></p><p>The 22% sounds like alot. But as scratch king stated, if you really add it up, you will save, unless you want to spend and the economy will have a growth unseen in recent yrs. </p><p></p><p>So you spend 200 on groceries, you pay 244, but if thats all you buy that week, thats all the tax you pay. Then there is the rebate check everyone gets up to the poverty limit. Keep an open mind and check into it. Everyone will pay, the illegals, the welfare crowd, the drug dealers. But the truly indigent will get their tax back that they have paid. Ive thought for yrs, it sounded great. I cant wait. I heard Boortz say within the next 12-24 months!! Pass the word on. Give it a read. No more april 15th, scrambling for receipts etc, waiting to get YOUR money back or seeing how much they want more!!!</p></blockquote><p></p>
[QUOTE="toonertoo, post: 126163, member: 1944"] I think the greatest thing about fair tax is (besides keeping all your money and decidding when to spend it) is you only pay tax on NEW.. If you buy a new car youll pay 22-25 %. So on a 30K car, youll pay 6k in tax. If you buy one a yr old, already licensed for 29k, you pay zip. The 22% sounds like alot. But as scratch king stated, if you really add it up, you will save, unless you want to spend and the economy will have a growth unseen in recent yrs. So you spend 200 on groceries, you pay 244, but if thats all you buy that week, thats all the tax you pay. Then there is the rebate check everyone gets up to the poverty limit. Keep an open mind and check into it. Everyone will pay, the illegals, the welfare crowd, the drug dealers. But the truly indigent will get their tax back that they have paid. Ive thought for yrs, it sounded great. I cant wait. I heard Boortz say within the next 12-24 months!! Pass the word on. Give it a read. No more april 15th, scrambling for receipts etc, waiting to get YOUR money back or seeing how much they want more!!! [/QUOTE]
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