The national retail sales tax IMO creates a very friendly environment for business. So much so that big mfgers would relocate to the US.
Just so, Principled!
What is not to like about a 0% business income tax rate?
In addition, the FairTax is “border adjustable;” meaning that imported goods will be subject to the same [FAIR] taxation as US goods, and that US exports will not bear the burden of ANY federal taxes!
[You all know, do you not, that foreign goods imported into the USA bear no or very little tax burden FRom their parent country? VAT taxes are rebated at the border when a product is exported, and most all of our trading partners have VAT taxes. Currently, American goods sold abroad bear the burden of two tax systems — US and the importing country. It is a wonder that we are able to sell ANYTHING abroad!]
US and foreign goods will compete on a level playing field both here and abroad!
What is not to like about that!
Let us pester Mr. Trump to re-think his tax plan and seek Mr. Pence’s wise counsel in tax matters. After all, when he was a Congressman, Mr. Pence was a FairTax co-sponsor.
In respect of FRee and fair trade, FairTax is clearly the best policy!
America First!