Since when is interest not taxed under the fairtax? It is taxed, just by some convulated method. And the principle of the house is very much taxed, so it is misleading to suggest it is not.
2) Other loans and credit cards (p&i also).
Interest is taxed, so that is untrue. Most credit cards are several times greater than any index rate set by the government.
3) State and local taxes including property taxes.
State and local taxes are taxed, just not directly. Under the fairtax, States and local governments now would have to pay 30% sales tax? Does the state print that money or do they collect it from taxpayers?
4) Educational tuition payments.
That's true.
5) The entire amount of savings/investments.
But money you already saved and paid taxes on, you will be taxed on again when you spend it. The fairytax calculator assumes you have not saved any money in the past.
6) Money contributed to church/charity organizations.
Unlike the current system, there is no tax benefit to being a church or charity organization under the fairtax. They will be taxed on their expeditures. You will have to give more to do the same.
7) Money given as gifts to others or political contributions..
Gifts are treated better under the fairtax.
8) Used items such as real estate, cars, furniture, etc.
For used items, they do fair better under the fairtax. But there are problems with most of the other points.
Fair Tax entitlement seekers probably haven't.
Meant to say on a new house.
If I felt you honestly wished to learn more about it I might explain hem further, but since I know your only wish is to absolutely attack anything FairTax - or any FairTax supporter ... I won't waste the time, but will just point out for the record that your #1, 2, 3, 5, & 6 are quite wrong.