Not all business will be subject to the FairTax as they deal strictly with business which are tax exempt. They will have their card to cover their purchases, but will not be collecting taxes.
You realize that the Subchapter S businesses will grow dramatically?"
How? There will be NO "S" corps because the IRS and the code that created "S" corps will be gone.
Intentionally missing my point?
Do you agree that one-man "corporations" will increase dramatically beyong the number of "S" corps that exist today to take advantage of the tax exempt status?
How much fraud is built into that 23%? Any?