The plan needs to have some flesh on it before we can even debate it's merits. And merits we argue now all depend on how the plan is proposed, which it hasn't been yet.
The Fair Tax Plan(HR25) has been in legislative form before congress since 1997. Has gone through extensive research, debate, modification from public and Congressional input and now looks like the legislation sponsored by John Linder in the House(HR25) & Saxby Chambliss Senate(S25), to kill all income and SS/Medicare payroll taxes outright, and provide a IRS free replacement in the form of a retail sales tax:
Text of legislation on Thomas ===> H.R.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.Refer for additional information:
How much more flesh do you need on a bill introduced into both houses of Congress before you are willing to debate it?
I'm against that plan. Too complex.