The FairTax Plan will affect Contractors in serious ways! We will not longer be subject to any income tax at all. We will not have to pay sales tax on any items we purchase in the creation of the end product. Sales tax only applies to the finished product we sell.
What would it be like to not pay income taxes anymore? What would America be like if it became a tax haven for the world? Can you imagine the amount of business that will move here? Just a thought!
