Good line — we shouldn’t have a system that makes rich people poor says the Huckster.
But Huck’s fair tax is a bad, bad idea. 20% on what you buy. We’re older and wealthier, we could avoiding buying everything if we wanted to and need to buy very little so our assets are preserved. However, would that mean that our children would pay 20% on everything they buy if they build a new house? Would they pay 20% tax on an older house? If real estate is exempt, there would be no incentive to build a new house, leaving an entire industry without work. Poor people still need to buy things, but how do you equitably make them exempt? Goofy idea.