This year for the first time I'll have to make quarterly estimated payments as a small business owner. That means no one is withholding anything from my income and I have to write a check to the IRS every quarter for 100% of my federal tax obligation. I ran the numbers today based on a couple different salary projections to figure out just what I will owe.You're right, the Fairtax would be much easier. If your business is a service or retail business you'd only have to tally up your gross business (not personal) earnings from taxable sales and or services and send them 23% of it...every month.
Actually, as I understand it, my business wouldn't have to collect the FairTax since we sell capital equipment to companies. But if we did, I'd still agree with you 100% - adding tax to the price and paying it after it's collected seems almost utopian compared to building taxes into the price and owing taxes before one even gets the income.