[baybabe]

Sorry, but NO - the VAT is a completely different sort of tax system and taxes things as they pass along the production chain multiple times.

The FairTax does not tax those transactions at all - only consumption.

[FastCoyote]

“The FairTax does not tax those transactions at all - only consumption.”

It really doesn’t matter. The Fair Tax is not going to happen, and I will put good betting money on the proposition.