Imagine companies around the world wanting to build businesses in the US because they would not be taxed.
Imagine getting your prebate HHS check each month to cover the taxes on necessities.
Imagine just filling out a postcard once a year to report dependents.
Imagine some 6.5 TRILLION dollars currently held in foreign accounts being repatriated to the good ole USA virtually overnight because they can now do that without any tax consequence!
Imagine another 1 TRILLION dollars minimum every 5 years being wasted dealing with this current mess being put to more productive uses!
Imagine companies around the world wanting to build businesses in the US because they would not be taxed.Yes they would. The FairTax requires all income earned in the US by foreign corporations and non-resident aliens to be taxed at the FairTax rate.