“You want to abolish the IRS and create a fair tax, which as you say is a national sales tax,”
A Small Question....who will collect the Fair Tax?
Given our history the flat tax at a rate of 9 or10 percent with no deductions, no exemptions, no other modifications at all, on earned income only- no cap gains, no corporate taxes- would, if combined with the elimination of almost all business and work regulations and barriers and the elimination of all the regulatory agencies, would bring the biggest longest boom in history, even bigger if the money were stabilized absolutely.
But then that would disemploy a couple of million bureaucrats and force them to do something productive for a living and would drastically reduce the power a president can wield. It just wouldn't be worth it for Democrats or Republicans.