The flat tax will take 17% of your taxable income plus 7.65% of wages up to 90k(?).That's 24.65% for most folks - without the necessary increase.
The Fair Tax nrst takes 23% of what you spend - taking the prebate on necessity spending into account, most folks will pay closer to 12% of spending.
Important to note that any amounts saved or invested have no tax paid on them.
Neal Boortz's Fair Tax book is currently #1 on Amazon's non-fiction bestseller list and #2 overall (behind Harry Potter). It hasn't even come out yet. Steve Forbes' "Flat Tax Revolution" is currently #49 on the nonfiction list. It came out in July.
http://www.amazon.com/exec/obidos/tg/new-for-you/top-sellers/-/books/53/ref=pd_ts_b_nav/102-2016428-7344963?ts-parent-id=1000
The flat tax will take 17% of your taxable income plus 7.65% of wages up to 90k(?).That's 24.65% for most folks - without the necessary increase.Define "taxable income" before making comparisons to taxing 100% of your spending.