Quote:1. I know what it is. We already pay taxes on stuff we buy. How much higher would the taxes be to make up for no state and federal income tax?


2. I assume the answer to question #1 will answer my question for #2.


3. I was not aware Canada is a flat/fair tax country.


Actually nevermind. I looked it up.

1 the latest fair tax which is a consumption tax replaced all federal taxes, that's income taxes, capital gain taxes, death taxes ect... With a 23% sales tax on new items only. It's an embedded tax so you go to the store item x is $100 at the register its $100 because the 23% is already on the price tag. The flat Tax is completely different its still collected from your paycheck except everyone regardless of income or deductions pays the same rate.


Canada isn't a fair or flat Tax country they tax income like we do and then have an additional consumption tax we call that double taxation here.

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