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Financial Planning / Tax Strategies


Subject:  Re: FairTax Date:  9/28/2012  7:11 PM
Author:  ferjen Number:  116713 of 123001

What exactly is it about the Fair Tax that you think is going to prompt the black marketeer (and his suppliers) to report their sales for the Fair Tax even though they don't report them for the income tax?

I was referring to the other side. They have to eat don't they. They have to buy stuff, don't they. 23%. No matter the illegal activity, the tax gets collected when the bad guys spend their ill-gotten gains.

As for illegal aliens, you don't have the first clue. They certainly do pay taxes through withheld income and payroll taxes. They actually make a disproportionate contribution since they don't get the benefit of such programs as the Earned Income Tax Credit and Social Security benefits bas