The total debt has more than doubled in the past 5 years; do you think that's a good thing?
And when a majority aren't paying any taxes and a minority is paying them all...then what?
The FairTax, through the miracle of the prebate, doesn't change that.
Actually the FairTax makes it worse. FairTax supporters seem to focus solely on the progressivity of the income tax when making their "a majority aren't paying any taxes" claim as socialismisinsidious does here. When considering the COMBINED Federal tax burden, even the bottom quintile (under $15K income) pays a combined effective Federal tax rate of 6%. Under the FairTax, the bottom quintile will have a NEGATIVE combined effective tax rate.
While the Personal Income Tax is highly progressive, it only accounts for about 40% of Federal tax revenues. All other Federal taxes (60% of Federal tax revenues) are largely flat taxes (complained to be "regressive" by the socialistic left wing.) In fact, the FairTax is a MORE PROGRESSIVE tax than the combination of Federal Taxes today. It eliminates the progressivity "normalizing" effects of the flat payroll, excise, corporate, and estate/gift taxes. This increase in progressivity is one if the key advertized features of the FairTax ... though they don't actually say it that way ;-)