[ovrtaxt]

Zon, you’re saying something that the FairTax organization needs to start hammering on. That aspect of international relations was barely mentioned in Neal’s book, but it got me thinking.

[Zon]

It's been discussed a few time on FT threads here at FR. It's a delightful unintended yet unavoidable consequence. In the long run America will need other countries to aggressively accelerate the pace, scope and reach of their business and economic activity.

A not so delightful unintended consequence is many countries will likely have tantrums over United States switching to the FairTax. That reminds me of a few years back the feds said no to France trying to persuade the feds to spy and report on French citizens incomes derived in the US.