My main concern with the FairTax and taxes like it: In short order, some Democrap will institute a NEW income tax "just on the rich." Of course, that's how the original income tax was sold. In short order, it will then be the same thing as our current income tax, and we will simply have TWO massive federal tax systems...
DING DING DING! We have a winner!
Well then the fair tax would go away. The way the proposal is written is that you can only have one, and not both.
My main concern with the FairTax and taxes like it: In short order, some Democrap will institute a NEW income tax "just on the rich."
Intersting that they have not managed to do so over the objections of the American people in the 100yrs of income taxes we have had. This nation funded itself on consumption taxes prior to the income tax, a dual tax system, even though such has been floated numerous time over the last century, has never gotten onto a launch pad much less enacted into law.
One thing is for certain, to even have get to the point of replacing the income tax system with a retail consumption tax will require the full support of the American electorate, it isn't going to happen any other way. To re-instate an income tax ontop of a national retail sales tax is not something that will fly in any near future scenario. It is a political loser with the American people and always has been. You very objection to such a notion is a demonstration of how deep the objection runs, get rid of the IRS by turning tax collection over to the states through a retail sales tax system, destroyu the income tax system infra-structure as is required by the legislation, and there will be no turning around to get a national income tax back.
Fool us once has already been done, second time with the experience of the IRS and AMT fresh in the electorate's minds guarantees no income tax system will be ventured anytime soon. In fact the push will be all to the wall for prohibition of income taxation and repeal of the 16th amendment once the income tax is replaced with a viable alternative in the from of retail sales taxes.
Well for Heaven's sake, let's just sit here and do nothing then.
No, it won't be easy but we can get this done and we can and will stop them from putting the income tax back in place.
This is why any change to a new system needs to be explicitly tied to the repeal of the 16th Amendment via a new amendment that outright forbids any return of the income tax.