[scott7278]

The nice thing is that under the FairTax, Social Security and Medicare will continue to be fully funded -- no more Social Security Tax.

The huge burden will be removed from everyone, especially the self-employed. Best yet, prices aren't expected to rise with the FairTax implemented!

The 16th Amendment MUST be repealed for this to work.

[LouisWu]

I have abandoned more than one ongoing self-employment venture over the years, with the heavy burden of Self-Emnployment taxes being one of the primary frustrations causing me to throw in the towell. Elimination of this obstacle would without doubt motivate me to get back to work for myself, to suppliment my income, once again.

In the long run it always seemed that I only worked nights to generate a huge tax bill. My business ventures created attractive gross figures, but what was left for ME made ambition seem foolish and in the end I made far less being self-motivated than for being just another hamster on the wheel at my day job. Why bother?

I'll bust my rump working to better myself if I can really feel as if I DO better myself.

These are the seeds of prosperity, and everything the left hates.

[Remember_Salamis]

"The nice thing is that under the FairTax, Social Security and Medicare will continue to be fully funded -- no more Social Security Tax."

-- What's more is that it saves social security. No more worker-to-retiree ratios. ALL of sociaty funds retirees, not workers.

[John123]

The 16th Amendment MUST be repealed for this to work.

Don't understand. 16th give the US Congress the power to tax income from any source. NST is a source. Please elaborate your position.