[robertpaulsen]

"Those subject to audits will be reduced from 140 million to about 15 or 20 million."

Audits by who? Not the IRS. They're gone.

[Your Nightmare]

"Those subject to audits will be reduced from 140 million to about 15 or 20 million."

Audits by who? Not the IRS. They're gone.

Let's do the math:

140M subject to audits by 1 entity = 140M possible audits

20M subject to audits by 50 entities = 1000M possible audits

Good thing the FairTax is going to reduce compliances costs.

[Badray]

Audits by who? Not the IRS. They're gone.

D'uh! It's a sales tax. The state sales tax auditors will do the auditing.