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Time Magazine: The Fair Tax has its moment in the sun
Americans For Fair Taxation ^ | January 4, 2008

Posted on 01/08/2008 1:09:10 PM PST by Man50D

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To: Tenacious 1

I think the biggest downfall of the Fair Tax would be the creation of an underground economy. With a high tax on goods, goods will seek the no tax alternative. With today’s sales taxes imposed by states, the rate is not high enough to force that. I buy many items via the Internet just to avoid sales taxes. With the FT that will be multiplied many times.


41 posted on 05/11/2008 5:28:55 AM PDT by RDasher
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