What in H3LL is fair about a 30% consumption tax? Or, as the UN-Fair Tax website miss-leadingly calls a 23% tax...
If I buy a $300,000 home I'm going to pay a $90,000 'consumption tax'? This whole Un-Fair Tax is total BS! I'd have to sell it for $390,000 to get my consumption tax back after I un-consume it...talk about inflation in real estate!
And think about the enormous Gov't waste in the agency that has to manage the 'Pre-Bate' $hit!
This Un-Fair Tax is a lot of smelly stuff that comes out of the Hind-Side of our horses...or from the disingenuous people proposing this stuff!
I don’t support the prebate idea. It was a political addition made for political reasons, which I think is misguided.
The 30% figure is simply what would be required to replace all current revenue from other sources, ie to be ‘revenue neutral.”
The sales tax makes that horrendous level of federal spending visible.
Which isn’t an argument against a consumption tax. It’s an argument against out of control federal spending.
An argument that won’t even be made if we continue to tinker with the Stupid Tax, which keeps that horrendous level of federal spending masked behind a gigantic wall of smoke and mirrors.
A critical problem Trump’s plan does not address and cannot and will not solve.
I agree with you. There are just too many nasty aspects to the Fair Tax for it to fly.
I was just trying to give a balanced answer to someone who wanted to know more about it.