Reply #5: There are other threads here which address it and beat it to death. [View All]

[FormerDittoHead]

There's a lot of good info here if you look for it.

No tax plan on anyone's table changes the net revenue, only from which classes it collected, so all of the suggestions that we'll be paying lower taxes is pure bullshit.

Ultimately, it's yet another simple minded tax scheme whose bottom line will raise taxes for the poor and lower them for the rich.

Any tax plan changes should be judged on how much it raises taxes on the rich and lowers it on the lower 99.7%. Fairtax exacerbates the current trend, however.

All of the themes of fairness, simplicity, etc. are smoke and mirrors if they don't simply reverse the current trend.