I agree, the FairTax cannot stand up under any serious analysis. Whenever a spotlight is shined on any piece of it, another roach crawls out. The thing is infested.The problem is that there will never be any serious tax reform while the FairTaxers are still holding on to their fantasy. They are sucking all of the oxygen out of the air when it comes to tax reform. Let's have it out and get it over with. Only then can we move on to realistic options.
I agree, there is only so much “reform energy” available at any one time, and the FairTax has given a false mission to those that might be able to make a difference behind an intelligent reform plan.
Re: taxes we need to continue the Bush cuts, and work on reducing corporate taxes and at least indexing the AMT. And the death tax needs to be phased out or eliminated.
But, the problem is the spending first, and the entitlements are the worst of the spending problems. Bush tried and failed. Maybe Fred can make better headway.