[RayChuang88]

All the more reason for FairTax. Since FairTax encourages savings (bank account interest is no longer taxed), people can actually save for retirement nest eggs with no worries about taxes or the need to set up a complicated tax-deferred retirement account.

[semimojo]

...people can actually save for retirement nest eggs with no worries about taxes or the need to set up a complicated tax-deferred retirement account.

The problem is it screws people who have already done exactly that.

[Edward.Fish]

All the more reason for FairTax.

The "FairTax" isn't. We'd be much, much better off with a flat-rate tax w/ no exemptions, no credits, no write-offs, no exceptions.
Remember, the more complicated the system is, the more the government can screw you over.