Based on what? Because you feel that way. Now that the source for that claim has completely discredited it, what are you basing it on?
No, it is not that I "feel" that way. And, contrary to your remark, the source for that claim has not been "completely discredited."
Pigdog demonstrated in post #195 that there is substantial tax system cost buildup through the manufacturing chain which is passed on to the consumer. Those costs are eliminated under the Fair Tax.
In addition, there are substantial corporate overhead costs associated with complying with the Infernal Revenue Code which likewise are eliminated with the Fair Tax.
The (dollar) tax cost of government (to the overall economy) is substantial -- some credible observers have estimated that it may be as much as $1.00 for each $1.00 of taxes raised (exclusive of the SS/Mediscare tax system). And, under the Fair Tax, that cost disappears.
The Tax Foundation released a study several years ago which found that the compliance cost of the NRST would be reduced 95% for corporatations and businesses and 100% for individuals.
If that and the FReedom FRom the greedy hand of government were the only two benefits of the Fair Tax, it would be worth the change.
But as has been repeatedly demonstrated on these threads, there are substantial other benefits of the Fair Tax (both in dollar terms and in, for lack of a better way to state it, "citizenship" terms -- FREEDOM FROM GOVERNMENT INTERFERENCE IN EACH CITIZEN'S MOST PRIVATE ECONOMIC AFFAIRS!!!!!!), in addition to the two mentioned above.
I must, sadly, conclude that you and the other status quo shills on these threads must profit in some huge AND EVIL way FRom the progressive income tax system.
How dare you take great delight in enjoying the pain and suffering of your fellow citizens who are being held in slavery by their own government to a Marxist tax system which cruelly inhibits their creative economic activity!
How dare you take great delight in enjoying the pain and suffering of your fellow citizens who are being held in slavery by their own government to a Marxist tax system which cruelly punishes their economic success!
HOW DARE YOU!
My challenge to you, and others of your ilk, is to come up with a better idea than the Fair Tax. Take the time, spend the money and expend the effort to get it before the American people and "in play" in the US Congress.
Then we can talk.