Comments on: The FAIR Tax Explained http://www.americanconsumernews.com/2007/01/the-fair-tax-explained.html News for Consumers in Changing Times Sun, 12 Feb 2012 04:49:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ccleaner.com http://www.americanconsumernews.com/2007/01/the-fair-tax-explained.html/comment-page-1#comment-12387 Ccleaner.com Sun, 01 Aug 2010 23:56:49 +0000 http://www.americanconsumernews.com/2007/01/the-fair-tax-explained.html#comment-12387 Could used friends tell me more about it? Could used friends tell me more about it?

]]> By: terry http://www.americanconsumernews.com/2007/01/the-fair-tax-explained.html/comment-page-1#comment-83 terry Sun, 28 Jan 2007 06:41:00 +0000 http://www.americanconsumernews.com/2007/01/the-fair-tax-explained.html#comment-83 Unfortunately, as a so-called consumption tax, the FAIR Tax isn't fair because it makes some forms of consumption more equal than others.<br /><br />It would allow existing homeowners, as well as those who buy existing homes, to enjoy housing consumption without paying tax on that consumption.<br /><br />Renters, on the other hand, would pay steep taxes on their rent. For those who choose to rent, the tax would essentially be paid voluntarily, but for those who must rent because they cannot buy, the FAIR Tax imposes an unconscionable penalty for the inability to buy a homde. Unfortunately, as a so-called consumption tax, the FAIR Tax isn’t fair because it makes some forms of consumption more equal than others.

It would allow existing homeowners, as well as those who buy existing homes, to enjoy housing consumption without paying tax on that consumption.

Renters, on the other hand, would pay steep taxes on their rent. For those who choose to rent, the tax would essentially be paid voluntarily, but for those who must rent because they cannot buy, the FAIR Tax imposes an unconscionable penalty for the inability to buy a homde.

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