Right, and I've been pointing out why that's a practical impossibility.
They are transitory. Once they’re gone, they’re gone!
Shouldn't take more than a hundred years or so.
> “Right, and I’ve been pointing out why that’s a practical impossibility.’
Wrong. You do not have the tech background and experience to support that assertion.
> “Shouldn’t take more than a hundred years or so.”
Wrong again. And even if true, so what?
I have seen many arguments against the FairTax. Yours ranks in the bottom half.
The only legit argument against the FairTax is given in #22 of this thread.
Your argument is specious from both ends.
1. Every retail prodict today has hidden embedded taxes of 25% or more.
2. When withdrawals from your purported retirement account of already taxed funds are made for retail purchases, you’re paying the 25% taxes embedded in the products you purchase.
3. You have made no argument against the present embedded taxes caused by the Income Tax system.
Therefore, you rant against the FairTax with hysterical false arguments, yet fail to address the current system that does the very thing you object to, that taxed funds should not be taxed again.
I think I am responding to a halfwit.
I won’t waste more time on this.