The fair tax is an interesting concept, but I too have my doubts with it. Double taxing, and what about charity contributions? The question comes to benefits vs. flaws. One benefit is that it would tax the black market.
I have the same concerns. For many, the only thing that keeps them supporting charities that do so much good in our society is to get a tax break. If the flat tax were to exclude charitable donations, the charity system as we know it would collapse.
The FairTax ends double and triple and quadruple taxation, which is what we have under the current system.
You are grossly mistaken.
There is no 'double taxation' under the FairTax.
Exactly the opposite is true. The FairTax ends double taxation.
The flat income tax solves almost NONE of the fundamental problems with the current system.
All it does is flatten the rate.
Which of course is the reason it is completely politically untenable.
Fundamental tax reformers oppose it on principle, and because of its nature, the Left will oppose it with all their might; armed with all of their carefully calibrated class warfare rhetoric.
The Flat Income Tax is deader than a doornail.
There are two choices left: the FairTax, or continued tinkering with the current income tax.
That is a fact.