When you sell you property, there would be no federal taxes due. You would keep 100% of your money -- except for state taxes. We are working to eliminate them too.
It depends on if the tax is imbedded -- the price on the "shelf" includes the tax or if it is added at the "cash register".
Which ever method is used the tax paid is the same and the tax would be visible on the receipt so people would know exactly how much they are paying in taxes.
At 12:33pm on April 11, 2010, D. L. Corder said…
Judy, My comment is more lengthy than that which FairTax Nation will allow for comments. If you will e-mail me at popcornco@gmail.com, I will e-mail you back with my response. This comment would also apply to Tony Leach, as I will copy him the e-mail I send to you.
Marilyn Rickert
Check out the answer to your question at:
http://www.fairtaxnation.com/profiles/blogs/how-the-fairtax-pertain...
When you sell you property, there would be no federal taxes due. You would keep 100% of your money -- except for state taxes. We are working to eliminate them too.
Keep asking questions!!!
Apr 10, 2010
Marilyn Rickert
It depends on if the tax is imbedded -- the price on the "shelf" includes the tax or if it is added at the "cash register".
Which ever method is used the tax paid is the same and the tax would be visible on the receipt so people would know exactly how much they are paying in taxes.
Apr 10, 2010
D. L. Corder
Judy, My comment is more lengthy than that which FairTax Nation will allow for comments. If you will e-mail me at popcornco@gmail.com, I will e-mail you back with my response. This comment would also apply to Tony Leach, as I will copy him the e-mail I send to you.
Apr 12, 2010