(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
Payroll, Social Security and Medicare taxes would be repealed too. You pay a quarter of your income under a FairTax system. Highway robbery? Well under the current income tax, you pay HALF of your income to the government. So with a FairTax that's like a 25% tax cut. You get to keep money you don't spend. What wrong with that? That ought to be the basis of truly fair tax system.Right. We'll all be paying 25% less and the government will make the same in revenue. Got it.