Read up on the Fair Tax
I get so tired of reading blurbs relative to "The Fair Tax" proposal that obviously must be written by someone who knows absolutely nothing of which they write. The "should be law” as written after 10-plus years of study by very successful business professionals clearly explains the advantages offered to those who have not progressed enough to a degree that they are able to provide for themselves and their family.
No longer would Social Security and federal income tax be deducted. Social Security alone gives you a 15 percent raise in take-home pay. Added to tax deductions for most income earners these will more than pay the 23 percent sales tax proposed by The Fair Tax. April 15 would be just another day, as the IRS would be abolished. Goods on store shelves would have a much lower cost to consumers as companies would no longer have to pay the exorbitant embedded tax currently imposed at every transfer level by the current tax system.
Those who exist at the poverty level would, each month, prior to their shopping excursions, be gifted from "the rich and greedy" a check covering all estimated tax they pay the ensuing month for the necessities of life. How much fairer than this can one get?
The written proposal is easy to understand as it was not written by politicians and lawyers. Please read it before offering false guesses as to its effect on America. I think it could save us, as some power would be removed from Washington and lobbyists.