Take away the burden of corporate tax and compliance costs and this makes sense.Just how much do you think the corporate tax and compliance costs are?
I am an S-corp, pay ZERO corporate tax. I pay my book keeper $50K per year, plus another $2500 for a CPA to file my taxes. My gross receipts are $7.5 million. I still have to pay my book keeper just to pay the 200 plus bills each month. My savings from th fair tax system at most would be $2500 (but I still have filings). Regardless, I still need someone to tell me where I am going get the other $1.7225 million dollars in savings so I can keep the price of my homes the same. Compliance costs/Corp. Taxes just ain't that big of a deal to me. The Fair Tax will kill my business, I know this for a fact.