[rollei_list] Re: OT: Heritage Taxes?

  • From: Marc James Small <marcsmall@xxxxxxxxxxx>
  • To: rollei_list@xxxxxxxxxxxxx
  • Date: Thu, 03 Dec 2009 10:39:09 -0500

At 08:05 AM 12/3/2009, Laurence Cuffe wrote:
>The Fair Tax  looks like VAT "value added tax" to me. We have that
>here in Ireland at 21%, and we still have income tax, corporation tax,
>duty, PAYE (pay as you earn),.... death duties, The income levy (thats
>1.67% of your gross income with no tax credits applicable)etc. In
>European terms we are considered as a low tax nation....

No, the Fair Tax is nothing like the VAT. And it will only be adopted AFTER a Constitutional Amendment tosses out all income and employment (FICA) taxes. It replaces these.

Marc


msmall@xxxxxxxxxxxx
Cha robh bàs fir gun ghràs fir!

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