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The Fair Tax is nothing like a VAT. The purpose of a VAT is to impose taxes at each stage of production. The Fair Tax will impose tax only at the final state since embedded taxes will not be incurred due to the elimination of corporate taxes.

Well see I have a problem with the elimination of corporate taxes (not that I don't like that : ) ) I happen to own a couple of C Corps and that means that except for food I will never have to pay anymore taxes. How is the government going to tax anyone when everyone starts owning corporations?

More importantly raising the rate too high will cause taxpayers to spend less. Less spending will mean less taxes collected by the government. Less taxes would force government to spend less.

I just had to laugh when I read that. It was either laugh or cry :( See that is the problem. You seem to think that the Government has to be fiscally responsible, it doesn't. You have way too much faith in good government.

The problem isn't so much in the way that we are taxed the problem is that the Government spends too much. Until that little problem is solved changing the tax structure will do nothing. You are addressing a symptom not the problem.

I happen to own a couple of C Corps and that means that except for food I will never have to pay anymore taxes.

You're not paying corporate income taxes coincides with a significant part of The Fair Tax!

How is the government going to tax anyone when everyone starts owning corporations?

How is it possible by now you don't understand people will not be paying taxes on income because the Fair tax will shift tax collection from income to consumption? Everyone will be paying taxes under The Fair Tax when they purchase a good or service!

I just had to laugh when I read that. It was either laugh or cry :( See that is the problem. You seem to think that the Government has to be fiscally responsible, it doesn't. Government has to be fiscally responsible, it doesn't. You have way too much faith in good government.

I don't know whether to laugh or cry considering you fail to understand the people are the government. They have the power to dictate to their politicians how they want their government run. Unfortunately apathy has allowed the income tax to evolve into a tool used more for controlling people than collecting taxes. Americans For Fair Taxation understand this concept and are consequently forming an increasingly strong grassroots effort forcing Congress critters to realize they either support fundamental tax reform with The Fair Tax or risk losing their jobs in upcoming elections.

The problem isn't so much in the way that we are taxed the problem is that the Government spends too much. Until that little problem is solved changing the tax structure will do nothing.

The problem is many people wrongly believe these separate issues can be addressed concurrently. That ignores the fact taxing consumption will keep Congress from excessive taxation for the reason in my statement you posted. By laughing at this concept means you are also laughing at founding father and first Secretary Of The Treasury Alexander Hamilton who mad this very point in his Federalist Paper #21. To quote: "It is a signal advantage of taxes on articles of consumption that they contain in their own nature a security against excess. They prescribe their own limit, which cannot be exceeded without defeating the end proposed-that is, an extension of the revenue. When applied to this object, the saying is as just as it is witty that, "in political arithmetic, two and two do not always make four." If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them."

You are addressing a symptom not the problem.

The income tax is precisely the problem. I find it curious you oppose the Fair Tax but fail to offer an alternative. The only reasonable explanation is you are in favor of maintaining the status quo income tax code. The question then becomes what advantages do you feel the income tax has over The Fair Tax?