Incorrect, The way the Fair Tax is currently written, EVERYONE would pay, no if, and or but. We would just have to make sure they did not modify it before it becomes law.
That is why this MUST be a Constitutional Amendment, after it is passed they would have to get a super majority to change any thing in it.
I don't claim to be an expert on it... but I just have to pull out my copy of the book or go to FairTax.org to counter most arguments. Rep. John Linder, the author of the Fair Tax was my Congressman, so I am fairly familiar with it.
I urge all to actually take the time to read this legislation before attempting to make a case against it... as the status quo is unacceptable.
The Constitution also says that our President has to be a natural born citizen.
My point was, and remains, that politicians can and will implement changes to the Fair Tax that will alter it’s execution so that it does not reflect the original intent.
If it is a tax code, it only requires a simple majority of Congress to enact changes. If it passes as an amendment, it only requires judges to interpret the tax differently.
The Fair Tax is nothing more than a different method of tax collection. It is not the “end all, fix all, be all” solution that rabid supports of the Fair Tax propose it to be - despite their claims. It has problems just like any other tax collection method. And politicians will, as they always do, attempt to “fix” the system. Those that favor a progressive tax will attempt implement their wealth redistribution schemes and those that favor a regressive tax structure will attempt to implement their pro-capitalist schemes. In the end, the protections that are put in to prevent tampering will be removed so that one side or the other can “fix” a problem. It always happens, it all ways will.