If anything, the amount of tax paid is totally lost in plain sight under the FairTax by dicing up the payments into thousands if tiny daily bits.
The tax paid isn't lost at all. It will be printed on the receipt just as it is for state sales taxes.
Then buried further by the prebate. You will NEVER know how much tax you really paid unless you keep track of EVERY receipt you get ... and properly deduct your prebate. There is no summary accounting.
The prebate is determined by the size of the family and income level. Fair tax FAQ #3
If you want to make taxpayers painfully aware of their tax burden, simply eliminate withholding and force Joe Taxpayer to write a monthly check ... rather than receive one.
They will be aware with a consumption tax every time they make a purchase. It will be printed on their receipt. Eliminating holding is only tinkering with the existing oppressive income tax code and does not abolish the IRS.
holding=witholding
The tax paid isn't lost at all. It will be printed on the receipt just as it is for state sales taxes.
Dimples is exactly right.
Not only will the tax be paid in small, daily bites, but the prebate will come in a lump sum every month. What a deal!
You missed the point entirely.