How many people out there are for the Fair Tax?

Question

I wonder how many people that oppose the Fair Tax have even really studied it.

Answer 1

I have studied it and I oppose it.

The "Fair Tax" would replace the federal income tax with a kind of sales tax that has almost no exemptions. Every sale is taxed. In other words It would tax us based on what we spend rather than what we earn.

It is an interesting concept but not fair. Consider this hypothetical case:

I pay more tax than usual in the hypothetical year because in that particular year I happened to be required to: 1) replace the transmission in my car because the old one wore out, 2) put a new roof on my house because it leaks, 3) pay additional medical bills because I got sick, and 4) buy a new furnace for my house because the old one blew up. Of course my "pre-bate" from the fair tax doesn't pay for any of these things because it pays out just enough to cover poverty level existence.

Because of my illness, I worked less during this hypothetical year, so I earned less. So I had to pay higher taxes, even though I earned less money, and even though I had to spend more money for emergency items. In fact I had to borrow money to make ends meet, and as a result of having to borrow the money, I had to pay even more taxes because the amount I pay in interest is also taxed. The "fair" tax would increase my taxes because of these calamities so I would have to borrow even more money. Now tell me how this is fair?

At least with income taxes, my taxes would have been reduced because I earned less money and because I got a deduction for medical bills.

The "fair tax" is based in part on the unrealistic notion that spending is discretionary. In many cases a person has no choice about when they must spend money; if they are going to keep their home, their transportation, their health, and other things they value they must spend it.

Answer 2

I have studied it and I oppose it.

Here is another question...

I wonder how many people who support the Fairtax really understand it and really understand things like corporate accounting, corporate taxes, and the "embedded tax" falsehoods of the Fairtax.

Answer 3

not me

Answer 4

count me out

Answer 5

there would be no corporate tax and that is why prices of products we buy would go down so we the people would be covering the tax. After the % of fair tax is added to a product, it would cost the same as now, but here is the differance. People would have all of there payroll checks and economy would sky rocket and companies would want to move here for the tax advantage instead of fleeing like they are now.