Quote:I like the idea of the Fair Tax but I admit I know little about it's specifics. I think the problem people have at, least it's my problem, is when you see tax rates that are in the low single digits or nothing for major corporations or the very wealthy. My tax rate is near 20% not counting state Tax. That is what makes me people upset. The idea that lower incomes pay higher total percentages. At the same time I understand the complaint that the wealthy pay more in dollars. 

 

The Fair Tax is more about changing how the taxes are collected. The sponsors have even said the rate might have to change or even have different rates for different purchases but it's about changing how we collect. For example having a consumption tax makes the economic black market null and void. I don't care if they're illegals making an illegal wage, making money off the narcotics sector, prostitution, when they spend that income taxes are collected.

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