It is not irrational. The FairTax would create an entirely new government entitlement program-- the prebate. It would immediately be larger than Social Security or Medicare, and it would require the FedGov to increase the amount of revenue collected as compared to today by a very large amount.
Of course its "all new".
I was talking about the prebate, but yes the entire FairTax plan is new (and unproven). To me that is not a point in it's favor because there are very many NEW plans that could be tried. That doesn't make them good, or efficient, or workable.
Round you go, unable to give us a basis for your opposition to cleaning up the existing mess.
You are the one talking in circles. I have given my thoughts on what should be done to cleanup the present system. Just because I don't think potentially blowing up the greatest eceonmic engine the world has ever seen is a great idea does not make me an enemy of tax reform...
You'll have to come up with a better argument than that, and you could start by showing how the FairTax flaws I commented on above are incorrect.
"It is not irrational. The FairTax would create an entirely new government entitlement program-- the prebate. It would immediately be larger than Social Security or Medicare, and it would require the FedGov to increase the amount of revenue collected as compared to today by a very large amount. "
Oh, but it IS irrational - as is this post of yours. The prebate - as has been pointed out continually to you - is not an entitlement; it is a rebate which is "... a return of a part of a payment ...". An entitlement is a different word with quite a different meaning. The fact you continue to ignore this fact is, indeed, irrational.
Nor is the prebate anything like the size you pretend - with no basis in fact (also irrational on your part) - since it amounts in the FairTax to $429 billion (not $600 billion as you continually misstate) and that is even setting aside the fact that the government spends $725 billion now on tax loopholes and tax exemptions. And the entire "cost" of the $429 billion is covered in the 23% revenue neutral rate.
And it is very clear to most who understand economics that the FairTax will greatly boost the economic activity of this country and not "blow it up" (which is merely another of you over used scare phrases and not true in any event).