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I prefer a consumption tax to an income tax, but the "Fair" tax as proposed is a lousy idea, as (1) the rate is too high & cedes too much power to the Federal government, & (2) assets already taxed at the corporate & individual levels would be subject to taxation yet again.<br> <br> I am opposed to any & every form of income tax. Repeal the 16th Amendment.<br> <br> The best option I see is to (1) scale back Federal government on a grand scale, & (2) revert to taxes levied evenly on imports.<br> <br> I know that my position is in "Never Never Land", but as it stands, so is the "Fair" tax.<br> <br> BTW--I'm still waiting for one of you to explain to me how anyone could think that the "Fair" tax rate is 22 or 23 percent. Refer to the top of the May 6 thread, "Another Uninformed Fair Tax Critic" before you launch into the "inclusive/exclusive" spiel.
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