Have read most of Linder's rather thick bill. Had several positive thoughts and several negative.
On the positive side, the fact that no tax will be paid on used items would be a tremendous benefit to recycling and saving of resources. A call to Linder's office assured that this even applied to used houses.
A second positive would be the guaranteed up front rebate of the tax up to the poverty level which would give some stability to the very poor.
On the negative side, what is to prevent the very wealthy Kennedys, Kerrys, etc. from taking their untaxed money out of the country and buying homes, cars, land, etc. overseas, thus not paying any tax. This could be fixed by having an export tax on money taken out of the country. For example 23% on any money exported over the poverty level.
I believe that the Constitution prevents an export tax. What is to prevent them from buying stuff overseas? Nothing. When they want to bring it to the US, it gets taxed.