Since the VAT is a consumption based tax, I guess the US would be following the European lead in switching to a consumption based tax. I do agree that trade is one definite area where a consumption based tax has a true advantage. But the inflationary effects of the fair tax is ingored by its supporters. There are pros and cons to any tax system. The most important thing the US can do improve it is to lower the amount of taxes being collected. Coming up with a new way to collect the same amount of taxes, just trades off one set of headaches with another. Believe me, an honest analysis of the fair tax would show lots of negative effects along with positive effects. I just can't stand the gross exagerations by the fair tax supporters.
Claiming you are taxing the illegal economy is a bold face lie.
You'll have to correct that error -- "a bold faced lie" -- after you read the post at 117.
One might also point out many "gross exagerations by the fair tax opponents" along with many, many outright lies.
And since you now change to say there are positive effects of the FairTax, why is it you never admit to those but continually attack it?