People made choices to pay taxes at an earlier time by using a ROTH with a guarantee from the government that they would not pay federal taxes later.
And for that to be true, one must make the leap of faith that federal tax laws will remain as they are and not be changed to your detriment. Could that happen??? Who knows!!In fact, it represents a gamble on your part.
At the very least if you use those funds under a carried-forward income tax system you will be paying higher prices due to the income tax system AND your effective tax rate will be greater than it would be under the FairTax - in fact something like twice the typical effective tax rate for the income tax. And this doesn't trouble you???
After all with the FairTax any money your investments (using, say, your 1/2 million nestegg) might make would be untaxed - and that's not the case if your tax protection goes south or in some cases even if it does not (depends upon the particulars). And why have all the gobbledegook, expense, and hoop-jumping through that the government creates at its whim? Do you not realize that is an extra expense also?
Huckabee is racking up in the win column tonight. He spent a lot of money advertising in Georgia that he wanted to be the president who signs the order to dismantle the IRS. Whether you like him or not, his message on taxes is well received.