VATs are terrible, look how well they worked in Europe.
FairTax is a good step, but what we really need to do is get an actual budget, then split that budget by all the Congresscritters. Each state is responsible for it’s Congresscritters share.
Why do they call a ‘value added tax’ ‘value added’? How does taxing something add ‘value’ to it?
Why don’t they call it a ‘tax accumulated tax’? (Although in this article Morici says that businesses get to deduct their own sales taxes and he still calls it a VAT, which doesn’t make sense.)