That just isn't true. The FT defunds the IRS, destroys its records and makes a point of calling for the repeal of the 16th amendment. No FTer is in favor of passing the legislation without subsequently removing the 16th.
The FT re-taxes previously taxed savings - especially retirement savings.
A bona fide objection which can be addressed in write up. There is also a big boon to other savers who have money tied up in qualified accounts such as IRA's.
Because of the above the FT is especially burdensome on those near or in retirement.
Only those with after tax savings. In my experience managing retirement savings most of it is in pre tax dollars with a large contingent income tax liablity awaiting.
The FT has a socialist wealth-redistribution component - the prebate.
A bad thing, granted. But it removes the EITC and it pacifies the liberals and class warriors.
At 30% the FT rate is too high, especially when it only covers the federal portion of taxation. Add in the state and local taxes and the rate approaches 50%!
What states are charging 20% tax rates? Their citizens should pay more attention to local lawmakers. 30% is high but when you consider that prices should fall by about 10% or more and that paychecks should go up by 20% or so it is a wash.
The FT fails to address the real problem (spending) and, as such, is tantamount to rearranging the deck chairs on the Titanic.
The FT makes no pretense about reducing the cost of gov't other than to make it more visible to the average taxpayer and make him angry every time he buys something.
Free Republic is just too slow today. I may take a pass until tomorrow.