C'mon Drummer Boy:
SHOW US THE MONEY!!!
Stop frothing at the mouth and attempting to deride others and show us a concrete example of how your beloved income tax benefits taxpayers in comparison to the FairTax. You've been challenged several times to do this - and you can't.
According to the President's Tax Panel report, taxpayers in the second, third and forth quintile pay significantly less in taxes under the current income tax system (benefit) than they would under the so-called FairTax. However, taxpayers in the first and fifth quintile pay less under the FairTax.
It is probably just a coincidence that those in the fifth quintile have their share of taxes reduced by nearly 20% and the three men who came up with the scheme, and each put up $1.3 million on their own money to get the FairTax ball rolling happen to belong to the quintile that benefits most. No doubt it is insignificant that studies supporting FairTax claims were commissioned and paid for by the FairTax organization.
Pigdog asks us to believe that every economist and every study that quarrels with FairTax claims has an interest in maintaining the status quo (income tax), but that these three very wealthy guys have only only our best interests and the best interests of our nation at heart. Thomas Jefferson said, "Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains."
But as pigdog says, if your the lucky ducky in the 25th percentile that sees his share of the tax burden increase by 42% or in the 50th percentile with a 36% increase, it'll be too late, there is no going back. The FairTaxers and their stooges will have accomplished their mission.