The FAIRtax is unlike any other sales tax on the planet in that it does not tax every dollar someone spends. How can that be when the tax is included in the retail price of all new goods and services? Enter the FAIRtax prebate.
This week, the FAIRtax Guys discuss the most important chapter in the FAIRtax book—Chapter 9, the prebate. This amazing feature is what makes the FAIRtax a fair tax by ensuring that no one pays the tax on the purchase of basic necessities.