[Mojave]

The "luxury tax" you speak of was nothing at all like the Fairtax

Both schemes are federal sales taxes imposed on retail sales. The difference is that the "fair tax" would be far more massive.

[ovrtaxt]

No, the difference is that the luxury tax was levied in addition to the taxation of income. With an across the board sales tax on all new items at the retail level, luxury items like yachts etc. would not be singled out and feel an industry-wide crunch.

[lucysmom]

The difference is that the "fair tax" would be far more massive.

And far more destructive.