The point really is that by reading the bill you can see not only the intent of the bill but the requirements that it be interpreted under from a legal standpoint.
And there is no "army of bureaucrats" that you suppose to translate the FairTax into rules. The rules are already in the bill. Even the contents of the report required from the merchant is called out as is the content of the receipt to the consumer. This is wquite different from the existing IT code which indeed DOES require an army of bureaucrats to haul the books containing the Tax Code around let alone interpret it into IRS rulings, forms, publications, etc.
The bill calls out the procedure for the inventory credits in transition. Aside from that there are really very few transition concerns - less so thaaan even to a few changes in the existing IT Code which sometimes cause a real trauma in transition.
As to timing purchases to give yourself maximum benefit, that shouldn't be too hard. Prices will drop quite repidly once the FairTax is in effect and I suspect that prices will actually begin dropping once the law passes but before its effective date. If youi're a wage earner, you'll get more money in your check quickly and have the prebate also so that is of immediate benefit to you.
The belief of most economists who favor the FairTax is that prices will decline enough to offset the tax (or pehaps by more) so that you'll pay about the same for things BUT that will include the tax. I believe the effect will lower prices move than that. In addition, you'll have more money in your pocket from the prebate and the elimination of IT.
It is widely held by these same economists that business will greatly increase and the US economy (and thereby you) will benefit a good deal. Businesses will deal with these sorts of changes at least as easily as they now do - and probably even easier than at present - with changes it the tax laws and business conditions.
By reading the bill more carefully I believe you should see at least some of this.
"And there is no "army of bureaucrats" that you suppose to translate the FairTax into rules. The rules are already in the bill."
So you say. Almost every bill passed by congress requires an army of bureaucrats for it's interpretation and enforcement. You're naive to think this will be otherwise.
"The bill calls out the procedure for the inventory credits in transition. Aside from that there are really very few transition concerns - less so thaaan even to a few changes in the existing IT Code which sometimes cause a real trauma in transition."
Just because the bill describes 'inventory credits in transition' is no assurance that there will not be transitional issues. As you point out, even a 'few changes' in the IT code can be traumatic, yet you ignore the fact that the complete abolition of this code can also be traumatic.
"As to timing purchases to give yourself maximum benefit, that shouldn't be too hard."
Of course it's not difficult. That's why it could be traumatic to the economy if millions decide to pursue their economic best interest in doing so.
"The belief of most economists who favor the FairTax is that prices will decline enough to offset the tax (or pehaps by more) so that you'll pay about the same for things BUT that will include the tax."
Possibly true over time, but getting over that time might be traumatic.
"By reading the bill more carefully I believe you should see at least some of this."
Are you so certain that your zealousness, which isn't necessarily a bad thing, hasn't blinded you to some potential shortfalls?