Lets not forget that we get to keep ALL of our pay check.
For me that means that I get an additional 500 to 700 dollars every two weeks. I know I can use the extra money to cover whatever extra tax I might have to spend for an item if i deciede to purchase it. Or I can not buy the item and pay no tax. The CHOICE is Mine.
But the best part is the Government is out of my personal finances and rightly does not need to know how much I earn.
That's fine, I just don't like the dishonesty. If workers get to pocket the tax savings, that money will not be there to reduce the cost of goods. Fair Taxes always claim that your take home pay will go up AND prices will not go up. If they want to sell their tax plan on the freedom, then say that. But they sell it as some magical wonder drug that increases growth, increases take home pay, lowers inflation, lowers interest rates, increase savings, increase revenues. According to them, every aspect of our economy will take off just because we place a 30% sales tax on all goods and services. It is just dishonest and many people are buying into the dishonesty.
Earnings must still be reported to the Social Security Administration, and many states may decide to keep the income tax in lieu of adding 7-10% to the federal sales tax.