(July 9, 2014 at 2:22 pm)Minimalist Wrote: The "Fair" Tax is anything but.
Sales taxes are regressive and would fall disproportionately on the poor.
Rich motherfuckers love sales taxes.
Agree, which is why I said 'like' the FairTax. The FairTax prebate does attempt to make the FairTax progressive, but I don't think it provides enough balance. Our last attempt at a luxury tax backfired. Perhaps augment a national sales tax with an income tax above a certain value?