Steaming pile alert. Not worth my time.
Basic fact #1: the Fair Tax is NOT a vat... our current graduated income tax and the oft proposed flat income tax ARE both VATs. THis guy has his head in his arse.
Guys, It doesn't have to be. Just a tax on goods at the final point of purchase, as the article states imposes a much harder bite on the middle class and the "lower" class than it does those who have already bought those things they need. The VAT would simply compound that bite. Deductions and/or exemptions are the MAIN problem with our tax system of today. Why should ANYONE get a break with ANY tax system. Including sellers and manufacturers. Maybe because they are licensed by godgov? If a "common" citizen cannot sell an article without the buyer having to pay a tax {godgov WILL know}, why should godgov's chosen licensed merchants?? This is favoritism, AND, unequal treatment under the "law". Socialism, in a word. So is ANY tax system that encourages one social activity over another. Such as saving and spending. Peace and love, George.