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Financial Planning / Tax Strategies


Subject:  Re: FairTax Date:  9/27/2012  6:53 PM
Author:  TMFPMarti Number:  116697 of 123001

I've never followed up to see what the advocates have to say about that, but I'm sure there is a workaround.

Therein lies a tremendous impediment to simplicity of the Fair Tax. When you start working around things, you start complicating things.

The Constitution. I'm not a constitutional scholar, so I'll not comment on whether any amendment would be required in order to impose the Fair Tax. I have read that supporters of it don't trust Congress not to reinstitute an income tax, thus they want the 16th Amendment repealed as a part of the process.

My biggest objection to the Fair