Good grief - you don't even grasp what the VATs you try to present do that make them quite different from the FairTax. Talk about no substance ...
Ever heard the expression, "out of the frying pan and into the fire"? Well, the income tax is the frying pan and the FairTax is the fire.
Just because the FairTax is different doesn't make it better than the income tax.
Good grief - you don't even grasp what the VATs you try to present do that make them quite different from the FairTax. Talk about no substance ...
I grasp the concept of VATs and the FairTax just fine. What you don't grasp is that both are a tax on consumption, only the manner in which they are collected differ, the effect on consumption and economic growth is the same.
When you understand that, get back to me, otherwise, don't bother me.