BTW - A real "flat tax" folds in the state and local taxes for basic government services at rates of 10/5/2 for a very "palatable" 17% total tax rate.
BUT... and it's a Big But (think Hillary)... like the the mexican border and a hole in the boat, you have to close the gaping hole before you can start to bail or send them back, spending control is "job one". Nothing in the fairy tax even begins to address that.
So you are talking about a different Flat Tax than Nightmare ? Where SS/M is eliminated and there is no new tax because the program itself is gone ? That's fine with me.
Yes, it would be nice to strip government spending down to bare bones and get to the tax rates you suggest. Do you think that is a realistic possibility with the socialist system we have now ? Your magic wand must be much better than mine.
The FairTax doesn't directly address spending because it is an actual Bill before Congress and not pie-in-the-sky. A tax Bill cannot directly address spending. In fact, it must be revenue-neutral even to get onto the floor. Those are the rules in the House of Representatives.
The FairTax in-directly addresses spending by making taxes visible with every purchase, and thereby giving everyone an incentive to vote for the type of politicians we want -- those that will cut spending and taxes.
Think about how the FCA works. People will look at it and say, "So I can live in poverty and pay no taxes, but anything better than poverty is going to cost me xx%." That seems like a pretty good incentive to reduce the xx%.
Boy are you misinformed about flat taxes, xcamial! The entitlement taxes would be paid over and above the flat amount, making the actual combined % something like 35-40% tax inclusive (54-67% tax exclusive) even without the state/local nonsense you try to throw in there.
You probably haven't even read the bill for the Nightmare Tax either.