FairTax is not a “lunatic theory!”
If you’d do your homework, you’d come to understand that!
That you feel the need to conceal the sales tax rate - 30% - shows what a non-starter it is.
These single rate plans offer no advantages to normal people who benefit from progressive taxation.
That's right. I said it. You don't have to be a Bernie Sanders voter to understand that if the tax burden is flatter low and middle income people will have to pay more to produce the same revenues.
There are supply side arguments that extremely high progressive tax rates are counterproductive and lowering the rates can produce higher revenue but that doesn't apply here. It's hard to see how penalizing consumption will stimulate the economy. The plan doesn't work politically or economically.