[elkfersupper]

My contention is, and has been, that the optimal FairTax rate will not collect enough revenue, and they will be forced to raise it which will actually drive more transactions underground or eliminate them, and will generate less revenue.

My contention is that the Fair Tax would generate more revenue at half of the proposed start rate.

Why don't we try it and find out?

On another note, who cares?

The federal government generates wayyyyyyy too much revenue anyway.

[RobFromGa]

I agree that we need to cut spending way down. Entitlement reform is the fiscal calling of our generation and we are squandering our chances at the moment.

If you put the FairTax rate at half the proposed start rate, then you would need to have the economy double or more. That is not possible in any reasonable time frame, and it would have to be immediate to avoid a rate increase.

They need the money to pay the entitlements, and the soldiers, and the interest on the debt, and everything else they spend money on. The $2 trillion plus is not going to be reduced with this plan, and that is our number one thing that needs to be fixed. Spending reduction.

[RobFromGa]

Why don't we try it and find out?

Because it is Russian Roulette with 6 bullets.