Understanding the Fair Tax
This guy explains the Fair Tax as good as anyone. Readers know I have supported this for a long time. I really believe the fair Tax would make the country great again. If you are wondering about the Fair Tax and want plain talk that anyone can understand - Here it is.
Part Two
Comments on "Understanding the Fair Tax"
The Flat Tax is the tax simplification strategy I swear by.
The Fair Tax's consumption tax would tax internet transactions, destroy the market for new homes, and force the creation of a whole new bureaucracy that would be needed to implement and then enforce the law.
You would also need to repeal the 16th amendment. Good luck ever getting that done!
The Flat Tax as championed by Steve Forbes and Dick Armey is a better method.
The Flat Tax is what we started with in this system today. The Fair Tax addresses more problems and cuts more waste, not to mention all the new taxpayers it would create.