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Reply #6: under the fair tax [View All]

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sabbat hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 07:00 AM
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6. under the fair tax
food and medicine and rent will be taxed. This will exceed the amount of the "prebate" very easily.

That will greatly impact on the poor and middle class.

would you want your rent going up 30%? the amount you pay for food, drugs?


Not to mention the fact that it would kill the dedicated revenue streams to medicare, SS, so that those programs can be killed due to lack of funds.

The Fair tax? I think not.

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