Quote:
Originally Posted by sara1998
Sounds like a dream to me, but taxing items at what percentage?? It seems like it would be terribly expensive to purchase even something as small as a CD... On the other hand, I have a good salary, and it would be so great to keep it all.
I have a feeling we won't see this in my lifetime.
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Essentially, the govt. sends you a prebate of a few thousand dollars (it depends on your family size. Here is a link to the fair tax calculator and the site explains it in painstaking detail
So we play a quick game of Who Have You Done? I point to a picture of Fleetwood Mac, a Clinton favorite. "Did 'em all," she says. "Even the women?" I ask. "Close, but no cigar," she sighs.
But, if you got paid all of your check, you could afford the 23% sales tax, esp. considering the prebate.