Why should only the old people get a refund? That is my point. Open your brain. Don’t get caught up in the libs plan to divide us. With Fair Tax you do not pay on the money you have or the income it generates. Do you understand that? It is pretty basic.
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OK, your plan is for me to not spend one penny of my already taxed money. Ahhhhhh,,,,,,,,,,,,,,,
how do I get thru retirement without spending what I saved??????
Like I said you are an advocate for double taxation on savings. And why stop there. If I have too much in savings then make it easier on somebody else by halving it.
You are NOT paying attention. Under my plan EVERYBODY pays taxes. Why is this hard for you to understand? I do not care how you get/got your money. You want to live in the country without paying your fair share?
If everybody paid the same believe me the total taxes taken would be a fraction of what they are today.
The best way to operate would be to invest the money and use some part of the earnings to consume allowing the rest to build and earn more. It’s called frugality. Or thrift.