[Your Nightmare]

Theory, schmeory. Tell me what will happen if his business does not clear enough after-tax profits to justify the investment of time and/or money. (Hint: unless it's a "vanity" business or hobby, the business will fold.)

The business will fold because it's not making enough profits!?! More FairTax Economics...

[kevkrom]

Get back to me when you look up the phrase "time value of money".

[Final Authority]

Check this out. I just found it. I think it covers much of what I , you, and others have been writing on these threads for some time now. http://economics.about.com/cs/readerfeedback/a/fairtax_redux.htm

There are problems with the farttax and not the least of which is that it will never pass the way it is proposed into law.