From FAQ #4
Why not just exempt food and medicine from the tax? Wouldnt that be fair and simple?
Exempting items by category is neither fair nor simple. Respected economists have shown that the wealthy spend much more on unprepared food, clothing, housing, and medical care than do the poor. Exempting these goods, as many state sales taxes do, actually gives the wealthy a disproportionate benefit. Also, today these purchases are not exempted from federal taxation. The purchase of food, clothing, and medical services is made from after-income-tax and after-payroll-tax dollars, while their purchase price hides the cost of corporate taxes and private sector compliance costs.”
We’ll take 3 out of 4....food, housing, medical services.
The purchase of food, clothing, and medical services is made from after-income-tax and after-payroll-tax dollars, while their purchase price hides the cost of corporate taxes and private sector compliance costs.Food, medical services and even medical/medicne research are all subsidized by taxpayers. Taking their tax burden away wouldn't change that, it would just be one more subsidy by the taxpayers.