I’m against a national sales tax and if you think that 50% won’t pay a flat tax, then what makes you think they would pay on fair tax? The gov’t would issue them a tax exempt card.
Sorry, I won’t be sold on the fair tax.
You misread my post...I use the 50% stat to show this will never get a majority vote in any Congress...why vote to tax yourself??
As far as avoiding the sales tax, exactly how does one do that besides bartering? Since barter is going on now, nothing lost IMO.
I like the idea of no tax on income...the fair tax does away with the FICA taxes entirely...if you think the general fund is not going to be used to fund SS and Medicare anyway in the near future, think again.
Right now we pay an effective 18-19% income rate on our joint income after the approximate 15% FICA taxes (yes the employers portion is actually paid on our earnings)....so, an approximate 15% or even 20% fair tax does not bother me a bit especially considering we get a prebate each month too.