[GSlob]

Nope. Flat rate income taxation I could and do support. Shift to so-called "fair tax" I do not. And BYW, your 401k contains your pre-tax savings, not after-tax ones.

[socialismisinsidious]

You mean a flat tax like the one we had in 1865?.......never mind.

[wgflyer]

"And BYW, your 401k contains your pre-tax savings, not after-tax ones."

Yes, that is correct. However, under the current system I have to pay tax on it when I withdraw it. Under the FairTax I could withdraw it, invest it in something more productive and not pay tax on it or it's returns until I spend it, which is quite ok by me. Under a flat tax I would be taxed just as in the current system. Both the flat tax and the current system maintain all the flaws, and threats and intimidation, of the current system.

Paying tax when one consumes seems fair. Paying tax simply because it's there doesn't. In the former, I balance my consumption against the tax. In the latter, I am hounded and harassed on a continuing basis by a government that knows no respect for it's citizens. Do you really prefer the latter?