This is the Fair Tax advocated for a long time by Neal Boortz. This article is a hit piece, because it completely miscontrues the Fair Tax and omits the offsets from eliminating the Income Tax and FICA.
it is also a regressive tax that will probably cause the economy more harm than the current tax. Think of how a 23% sales tax will stifle sales
Question: If you eliminate the payroll tax, how will you determine the amount of Social Security benefit a person will receive?