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| User Info | Tippy Tuesday!; entered at 2007-08-15 20:58:30 | |||
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Sparohok Posts: 9 Registered: 2007-08-14
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Getting paid under the table also requires a conspiracy, between the employer and the employee, and it happens all the time. Why wouldn't you expect similar conspiracies between buyers and sellers? The 0.25% collection fee is hardly an incentive when there's 22.75% available to split between buyer and seller. Sales involve a much larger number of transactions than income, and every transaction is an opportunity for fraud. How hard would it be for a landlord and renter to collude so as not to pay consumption taxes on rent? If the landlord already pays an illegal immigrant under the table to fix sinks and paint walls, he's no stranger to tax evasion. FairTax might get rid of the IRS as it exists today, but there's still going to be a national agency to collect and enforce taxation. The "FairTax IRS" would be smaller than the current IRS, but it would be at least as large as the "H-R Flat Tax IRS". 2007-08-15 20:58:30
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