Replace All Federal Taxes on Income with the Fair Tax Act , HR 25
The Only time a tax can not be passed on to the consumer.
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 countries with no border adjustment element in its tax system. With the FairTax automatic border adjustments, the on average 17% competitive advantage of foreign producers would be eliminated, boosting U.S. competitiveness overseas and at home.
Comment
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Comment by Jim kenny on April 10, 2009 at 4:28pm -
absolutly it will help out Union employees and this is one of the topic that I will be using in my speech at the Canton Tea party . How the fair tax gives the US advantage over foreign imports.
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Comment by Keith Reynolds on April 10, 2009 at 4:15pm
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The fairtax helps out US manufacturing which would help union members indirectly.
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Comment by Dave Sibole on April 10, 2009 at 9:27am
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That should appeal to the unions shouldn't it?
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