[Sprite518]

LOL! I am guessing you read that from the opinion pages? Nevertheless, what is the percentage of boomer's that have all their money after tax in 401s and IRAs? I imagine it is quite low... I think it comical that you would prefer the Flat tax.. Let see the fair tax eliminates ALL taxes. The Flat tax still leaves in every other tax. For instance, capital gains, ATM, etc.... Your nuts you think you or the country would benefit more from a Flat Tax.

[Your Nightmare]

The Flat tax still leaves in every other tax. For instance, capital gains, ATM, etc....

There is no tax on capital gains with the Flat Tax and there is no AMT (I'm assuming that's what you meant). The only things taxed on the personal level with the Flat Tax are wages, salaries, and pension benefits. Period.

Maybe you should do a little reading on the Flat Tax since you obviously aren't aware of some of it's critical features. Heritage has a "Brief Guide to the Flat Tax" available on their website.