Quote:I went to the Fair Tax rally in Orlando in the mid 00s. In spite of it being a really hot day there were about 10,000 people there. I am 100% behind the Fair Tax.


 

For those who are not familiar with the idea, it would replace the income tax, SS/Medicare tax, and corporate taxes with a national sales tax on new items and services. Used items would still be tax free. Every citizen would receive a monthly check in the amount of the monthly sales tax for the poverty-line income, so the poor would essentially get a free ride. This makes it sort-of progressive.


 

One of the claims is that by eliminating the corporate tax (and all of the associated accounting expenses) products made in the US would be priced low enough to mostly offset the tax, while the prices of foreign-made stuff wouldn't be offset. That would (hopefully) bring manufacturing back to the US.


 

As a bonus, the IRS would no longer be collecting personal information from everybody.