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Sorry I just saw your note. I was out of town, then very busy.

The way I present it to people varies on the context. The most frequent mention is usually when talking to a business owner about a companies financial statements. - For your context, I am a business broker - I work with people who are either selling or looking to buy a business. Business owners are usually S-Corps, and almost every single one uses the corp to pay some personal expenses. This reduces the taxable income, and in effect allows them to use pre-tax money for their personal expenses. In many situations, that type of income is the "make-or-break" difference in their ability to make a decent living while they work their butts off to run their business.

In the context of reveiwing a companies financials to determine the value in a sale, it is often a regular course of discussion about tax policies. I'm constantly surprised by the number of business owners who have never heard of the Fair Tax, and disappointed that so many love the idea but simply believe it will never get anywhere.

From my personal experience, the Fair Tax's impact on small business in this country would be absolutely tremendous! Imagine if business owners could keep their books "clean" - and could then prove their income to a buyer, to a bank, etc. The value of businesses would increase tremendously overnight. That doesn't even consider how many businesses could hire more people if they weren't paying accountants, employer taxes, etc.

From my perspective, the Fair Tax is the single most impactful opportunity we have - if we can push the politicians aside and get it done by the will of the people!