Is it really that simple?
Would an overnight jump of 25% in prices destroy the economy? How many businesses would fail during the transition period? And how would any change in tax collection methodology solve the problem of exorbitant Unconstitutional spending?
Would an overnight jump of 25% in prices destroy the economy?
The fair tax scheme would not be implemented 'overnight'.
Read the some of the links about HR 25. They explain it all, in detail.
How many businesses would fail during the transition period?
How many angels on a pinhead?
And how would any change in tax collection methodology solve the problem of exorbitant Unconstitutional spending?
Depending on how it was finally written/legislated, a fair tax bill, -- or perferably an Amendment, could put an absolute limit on Fed & State taxes.
Why is that relevant?