You’ll never see me use that word with respect to ANY tax system. They are all flawed. It happens, though, that the FairTax is far less so that any other I have even investigated in depth.
And thank you for “quieting” your language down since if forced to I can cuss as well as my husband (in fact, better).
All I was trying to point out is that you possibly missed the fact that many of your “expenses” written off under the income tax were also written off under the FairTax since they amounted to business to business transactions and were not in the nature of retail consumption at all - which would greatly lower your effective FairTax rate. Those sorts of things are easy to miss since it’s quite a different concept than under the IT.
So, no, not perfect but surely massively better than what I have to do each year for three families each year (substantially different reporting for each due to the income nature) - and I’m damnably sick of it since I’m not paid to do so by the families OR the government. And, of course, there’s always the chance I’ll get embroiled in some sort of IRS related dispute putting my own finances and time at risk.
Now that I am back from the nonsense of life...(yuck) there is no tax structure that is perfect. Overall, the Fair Tax makes a lot of sense.
As far as my situation (in anything, let alone this one) is concerned, I realize it’s rather unique (again, it’s pretty much everything, let alone God forsaken taxation). So, anytime you want to wheel and deal with taxation or any other nonsense (i.e. Iowa and New Hampshire being the tell-all of the ‘08 election, immigration/illegal immigration, fat-headed political punditry...), let me know or however it would be said in San Francisco/Oakland (assumption through your moniker).
...and stop cussing at your husband. :)