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?
I understand your point, however, I also realize that this dynamic is present in our own system. The people who work the system now come up with ways to account as much of their spending as possible as business expenses, including the cars they drive, justifying a vacation as being a busniess trip, etc. I don't see how the FairTax will increase or decrease that practice. It'll be the same game we have now... "How can I make this purchase a business expense?"
No. You posed a question and I answered.
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?
No. Some may, but I don't think that people will be lining up to file false papers with the government. Do you?
How much fraud is built into that 23%? Any?
I don't have a clue. I don't even particularly care about how this watch was built. I just think that it's time has come. Nothing. Repeat NOTHING can be as bad as what we have now. I'm going to get hit and I'm willing to pay because I believe that the current system is destroying the country and our liberty.
The FairTax changes the whole dynamic and removes the chains from the people and the economy.