> “Changing the tax collection METHOD does not alter the economy one iota.”
The FairTax will tax spending in the USA and its territories. It will not tax US exports!
That means that American goods and services can be priced at 20% to 30% less to foreign buyers. This fact alone will revive American manufacturing and provide a bolus of +10% GDP growth in the first year of enactment.
America was once the economic engine of the world for quality goods. We Americans set the standard but since WWII our income taxes have crept up from below 10% to more than 30%. The result has been a shelving of our way of life and a comatose economy.
Even if we were to return to the tax policies of the 1950s, the tax system ALWAYS grows back like a cancer to what we have today. With the FairTax tax code, that can’t happen!
Read here and Study UP!
http://www.fairtax.org/site/PageServer?pagename=about_faq
At the same time if there are people who don't like that they should be allowed 6 months to settle their affairs and go somewhere else.
Now, about the Fairtax ~ it ends up being related, in general, to personal income.
That's a big huge enormous mistake. That gives the government an opportunity to estimate what you should pay and then set laws so that they can force you to pay that.