Sure, under FairTax, BAC would pay no federal tax at all - zero. While consumer pay their 30% national sales tax (maybe 40%, if you want it to be revenue neutral). Sounds good?
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Originally Posted by Porsche-O-Phile
You do have a point there. . . I guess it's just another example of the government rewarding stupidity. And another very good argument for the FairTax proposal (or something similar).
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