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FairTax is anything but fair. Under the FairTax, the price of new homes will skyrocket. All the materials used to build the home would be taxed and then the house itself would be taxed when sold. Imagine a 30 percent tax added onto all building materials and then onto the house itself. Then add on the interest to pay that tax.
Health care and legal services would be taxed, so would housing rentals.
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