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.
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