but that reinvested wealth is not taxed under the FairTax nor - unlike the income tax - is the income from it.Yes it is, it's taxed when it's spent and it's entire value, not just the interest, is reduced because of the sales tax.
You can look at your savings or you can sit and count it but it has no value untill you spend it and that is exactly when it loses it's value under the Fairtax scam.
"You can look at your savings or you can sit and count it but it has no value untill you spend it and that is exactly when it loses it's value under the Fairtax scam."
You have other more productive options too. You can save or invest the money and put it to work for you - earning more.
Only when you choose to spend some part of the money for taxable things is it taxed ... and as you have may have noticed there are many things under the FairTax that are not taxed at all.
Then again, maybe you haven't. Have you figured out your FairTax effective tax rate with the Calculator???