[bankwalker]

I love the idea of a national sales tax as long as all income taxes are simultaneously made illegal.

[unixfox]

I love the idea of a national sales tax as long as all income taxes are simultaneously made illegal.

And the IRS is abolished and their parasite employees are sent to the border. If not eff them.

See tagline.

[Hostage]

Yes. The strongest argument against the FairTax is that the 16th Amendment would still be there.

In other words, Congress could pass the FairTax and eliminate all income taxes ..... but ..... at some point in the future sneak a little income tax back in, a little here, a little there, for the children, and what not.

Congress at a time in the future could sneak some income tax back in, and make it grow. We’d have a metastasis of taxinoma, both FairTax and Income tax.

All because the 16th is still sitting there looking pretty with its sinister implications.

So the FairTax authors looked at the 16th raising its ugly head in the future and the thinking was:

1. Can the 16th be repealed? Well yeah, duh. But ain’t gonna happen. Guam will capsize before that happens.

Well, what to do?

2. Build into the FairTax a 7-year Sunset provision. If the 16th isn’t repealed in 7 years, FairTax goes bye-bye.

The bet was we’d like the FairTax so much that we would rush out to repeal the 16th.

Um ..... that ranks up there with 81 million flies voted for Bidung. Congress would just keep extending the Sunset clause.

So yeah, the FairTax and the 16th are a toxic mix

[CommerceComet]

I love the idea of a national sales tax as long as all income taxes are simultaneously made illegal.

That would be key to implementing a new tax system. If another tax system is installed with a parallel income tax system that is supposed to be phased out, you know the government will find some excuse to keep the income tax, too. So we'll wind up with two tax systems.

The sales tax amount seems shockingly high but also remember that you will now be getting close to your GROSS pay, not the NET pay that you are now getting with income taxes withheld. I assume that FICA will continue to be withheld, so you will not get the full gross pay amount but the typical taxpayer will get a substantial increase in take-home pay.

One of the reasons that the VAT is popular with government-types is that typical taxpayers don't know how much taxes they are paying.