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"...There should be no resistence to exempting after-tax money previously saved unless this really is a scheme for the government to make money in the short-term to help reduce the deficit...."

Think about the logistics of doing this. How would you exempt this money without tracking all expenditures and withdrawls from these accounts? Do you want to re-impose an Orwellian tracking and reporting system? The Big-Brother enforcers? Think about what you are really saying here.......I could and would sign on to this as a saver and investor...but not at the expense of reimposition of the Gestapo.

If you can propose a method by which these accounts are exempted from tax when the contents are spent, WITHOUT the Gestapo looking over every transaction, I'll agree to it and advocate it. But I really don't see a way to do it without tracking and reporting that would be as bad or worse than what we currently have.

One of the beauties of the FairTax is that all of that Orwellian mess is eliminated. I'll pay for that...for myself and my children.

Think about the logistics of doing this. How would you exempt this money without tracking all expenditures and withdrawls from these accounts? Do you want to re-impose an Orwellian tracking and reporting system?

If it has to be done for the limited time period when there are pre-NRST savings accounts laying around funded with after-income tax dollars, fine with me. I'll fill out the forms. I'll have the time when I'm retired.

I have been planning on a certain retirement using my after-tax savings. I have been counting on this money being more valuable than the same amount of money that someone earns because I don't have to pay income taxes on it. Therefore, for example, the annual $50,000 I allow myself will go farther and I will be able to have the same lifestyle as someone who "earns" much more.

The NRST is taking that advantage away from me.

Yes, there are taxes built into the products I purchase under the current system. Those who earn money pay those costs, too. They, however, will also pay an income tax I don't have to pay and that will allow me to live on less (and get more).

It's not just the absolute dollars I have or the taxes that I pay, it's how it compares to what others have and what taxes they pay. That helps establish what my dollars are really worth.