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Started this discussion. Last reply by Keith Reynolds Apr 6, 2009. 5 Replies 0 Likes
Posted on October 24, 2012 at 10:14am 3 Comments 1 Like
The only time the cost of a tax can not be passed on, is when the cost of the tax along with the other costs of production, prices a product out of competition with imports.
Our present system of taxing cascades at each step of production, burdening domestic products with more cost that imports don't have to contend with. The United Sates is currently the only one of the 30 OECD member…
Posted on December 30, 2011 at 10:07pm 0 Comments 0 Likes
Among the many ways the fairtax beings fairness to taxation is it introduces fair trade to free trade. Currently over 98% of everything that is imported into this country comes from a country that has a border adjustment in their tax code.
China reimburses their exporters up to 17% of the cost of their products to remove the cost of their VAT from their exports while charging the same 17% to imports. Mexico does the same with a 16% VAT, Canada with a 13% goods and service tax,…
Posted on September 15, 2010 at 3:00pm 0 Comments 0 Likes
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