[Kellis91789]

Exactly right.

Not to mention the way it attempts to completely shift the burden for SS/M entirely onto the rich. I say “attempts” because the rich would flee the country since the FairTax gives them that legal option. The rich spending their money elsewhere would leave a $500B/yr hole in the “projected” FT revenues. That fact alone guarantees the FairTax rate would need to be much higher than 23%.

[Defend Liberty]

I say “attempts” because the rich would flee the country since the FairTax gives them that legal option.

The "rich" however defined have been fleeing the country for decades as the overall income tax burden has increased. They will return with The Fair Tax since their productivity will no longer be taxed.