re: #304 Schadenboner

I’m confused. B2B purchases can’t possibly be exempted. That’s too stupid even for them.

They really are that stupid:

The FairTax is a single-rate, federal retail sales tax collected only once, at the final point of purchase of new goods and services for personal consumption. Used items are not taxed. Business-to-business purchases for the production of goods and services are not taxed. A prebate makes the effective rate progressive.

Their FAQ is a huge pile of derp. I’m beginning to wonder if this is really all an elaborate hoax.