#347 Prebate 101

  • by:
  • Source: YouTube
  • 12/14/2022

The prebate sets the FAIRtax apart from every other sales tax people may be familiar with.  In every other case, when you buy a taxable item, you pay the tax, period.  However, the FAIRtax actually pays itself on spending up to the poverty level.

Every month, every legal household gets a pre-payment to cover the tax they’ll pay at the cash register on their spending up to the poverty level.  You don’t take a dime out of your own pocket to pay the FAIRtax until after you’ve taken care of your family’s basic necessities.   Compare that to the income tax where Uncle Sam skims his cut right off the top of your paycheck before you even see it.

If you have friends or family who don’t understand how this basic element of the FAIRtax works, be sure they’re tuned in to this week’s FAIRtax Power Radio.  FAIRtax Power Radio streams live on the FAIRtax Official Facebook page and the FAIRtax Guys YouTube channel on Tuesday Dec. 13 at 8:00 PM Eastern time.
 

fairtax Guys logo by N/A is licensed under N/A N/A

Help FAIRtax Become The Number One Issue in 2022

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes to your existing Monthly Re-Occurring Donation with new card or billing address information, then Please call Adam Yomtov our New York State Co-Director. He is assisting with the administration of our donations, technology services, and website.

Please note: Inputting your new information at our website won't update your donation. The only way to update is by calling Adam Yomtov 917-689-3931 mobile.


Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

Connect

Share