I wonder how many small business people would feel the same if the FairTax was instituted.
Actually, we collect sales taxes now.
The process of collecting sales tax is really very straight forward, and the Fair Tax would eliminate **all** the other burdens of managing employee wage tax returns.
By the way, when was the last time you read a bitter editorial or letter to the editor from a small business person complaining about the burden of collecting sales taxes? Hm? Never?
How many pennies out of each dollar collected does it cost government and the employer just to collect and manage these income tax revenues?
With the Fair Tax nearly the entire IRS bureaucracy would be dismantled. Nearly all of the record keeping, CPA, and wage tax handling expenses would disappear. The government would receive 50 checks from 50 states each year and that would be the end of it.
Yes, there would be some policing but it would far far far less than the personally intrusive and burdensome IRS investigations that we have now.
And...Everyone would get fairly hit by the sales taxes...even the criminals.
Would some cheat? Yes, of course! But..It would be like poaching deer out of season. Just as the honest hunters look out for and report illegal poaching so would honest sales tax payers. Unlike the IRS and income tax, sales taxes are far more open, harder to hide, and more transparent.