As I pointed out in post 12, the tax scheme is not the problem.
Actually, I believe that the FairTax has a better chance of stopping runaway spending than other tax schemes, mainly because the taxpayers would be more aware of what they are paying to the government. But, pros and cons of the FairTax are sort of off topic here. Perhaps we can discuss it further on one of the FairTax threads.
” . . . But, pros and cons of the FairTax are sort of off topic here. Perhaps we can discuss it further on one of the FairTax threads.”
We are duty-bound to make the applications as they come up and as we are aware of them.
ONE VALID APPLICATION: Fair Tax! What they did with their power to set and then increase and increase some more, the rates in the matter of Social Security, they will do with ANY system -— tax or otherwise. So what is the rate Mr. Boortz says should be the national sales tax rate?
Whatever it is, were it to become law, our modern congresses would increase it incrementally-—and add a VAT. The rate would never remain the same, it would continuously increase. And the returns from the Fair Tax system would be be modified down to nothing as well.