[ex-snook]

Hopefully a fair tax means a single tax on income of all types, no exclusions.

[ancient_geezer]

Hopefully a fair tax means a single tax on income of all types, no exclusions.

It is a single retail sales tax collected on the sale of all new goods and services for consumption. No exceptions no exclusions and dosn't care where the income comes from that you are spending.

[EternalVigilance]

Hopefully a fair tax means a single tax on income of all types, no exclusions.

Income taxes of any breed are fundamentally flawed from their inception.

They are a key plank in the Communist Manifesto.

They are anathema to freedom...

[Mikey]

"Hopefully a fair tax means a single tax on income of all types, no exclusions."

That's the beautify of it. Its strictly a tax on the articles of consumption ONLY, and only at the retail side. Plus it doesn't tax used goods, only new.

[Doe Eyes]

Hopefully a fair tax means a single tax on income of all types, no exclusions.

It has nothing to do with income, just how much you spend. Under the fair tax, a person making a million dollars a year would pay no more in taxes than a person making 5000 dollars.

It all depends on how much you spend.

[cherry]

"Hopefully a fair tax means a single tax on income of all types, no exclusions."

you're going to get the captial gains people whining again.....

[Junior]

No income tax! With the income tax comes the gestapo-like IRS. Abolish it.