If a fair tax got rid of ALL tax breaks, tax cheats and tax preparers then it would be a great thing.
Don’t count on it.
There is a whole universe of professionals: lawyers, conservation lobbyists, accountants, etc....that are linked onto that food chain...
You are correct. Whenever I hear a Fair Tax discussion, however, I hear “Prebates” and other such things. This is why I prefer a flat tax, personally.
Yes, but only if coupled with a smaller government. A huge and ever-growing government will take and waste an unreasonable amount of taxes, regardless of the method of collection.
So, the fair tax is one of many solutions on the fiscal supply side, but if you don't stop the government from demanding more and more, it's not a solution to our problems.
Ain’t gonna happen, Joe. I agree with Bachmann on this. Those crafty congresscritters might reduce a tax or two in exchange for a sales tax, but they aren’t going to get rid of an income tax. It gives them too much power to regulate everybody.
You still flying?