An example. Society has an interest in people buying and owning homes. The tax code as it is now stimulates and rewards home ownership. Would the Fair Tax do this? Not as I read it.
That's a reasonable question. The answer to that question can be found in two places at the Fair tax website: One is the Real Estate section
Real Estate. This page contains several links regarding real Estate. the second is
FAQ #21. Another point to consider is that a person will not be charged any tax on a used home because the tax will have already been collected when it was built and sold. A person who buys a new home would get some of the tax reimbursed through the prebate as the cost of the tax on necessities would be reimbursed up to the poverty level. I hope this answers your question to some extent.