Gosh, I'm told my car is warming the planet, loads of times. Guess I should believe them too. Or all we have to do is hug those suicide bombers and they'll understand us. Or that the tooth fairy will be by with some coins for my pillow.
Tell me whatever you want; would be nice if you'd offer some form of reasonable evidence to support your conclusion. Because no economist anymore will stand up and continue this fiction. This is a thoughtful forum, where people actually communicate, not dictate 'you will think this way.' I challenge your conclusion - mine's easy to prove or disprove - there are well over 22 million small businesses across this nation, you can walk into any of them and talk to the owner, tell them how you're curious about this new fair tax thing, and get some rough numbers from them.
Almost every large corporation has publicly published gross sales, gross profit, net profit and gross taxes numbers that you can download from almost any financial site and go over yourself. Do not come up with the fiction that paperwork costs will be eliminated - there is a higher paperwork requirement in the FairTax plan, affecting tens of millions of people who will go from filing a yearly return to a monthly return.
We live in a very interesting time - the number of steps between the retailer and the factory floor is at an all-time low. It is why we, as an economy, are so efficient, vs most other nations. Enough with the propaganda.
"...Keep in mind that a working definition of slavery is that you work but do not have any rights to the fruit of your labor. Taxation and regulation constitute confiscation of some or all of the freedom to own and use property. This confiscation has reached unprecedented proportions. In 1902 expenditures at all levels of government totaled $1.7 billion, and the average taxpayer payed only $60 per year in taxes. In fact, from 1787 to 1920, federal expenditures never exceeded 4 percent of the Gross National Product (GNP), except in wartime. Today federal expenditures alone are $1.8 trillion - almost 30% of GNP - and state and local governments spend over a trillion more. The average taxpayer now pays more than $8,000 a year, working from January 1 to May 8 to pay federal, state, and local taxes. In addation to the out-of-pocket cost, Americans spend 5.4 billion hours each year complying with the federal tax code-roughly the equivalent of 3 million people working full time. If it were employed in productive activity, the labor now devoted to tax compliance would be worth $232 billion annually. The federal cost of hiring 93,000 IRS employees is $6 billion. If these Americans weren't fooling around with the tax code, they could produce the entire annual output of the aircraft, trucking, auto, and food processing industries combined..." Emphasis added
I gess Dr. Williams doesn't know what HE is talking about either!