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Financial Planning / Tax Strategies


Subject:  Re: FairTax Date:  9/27/2012  4:46 PM
Author:  ptheland Number:  116691 of 132092

What the heck, here goes:

I agree with everything JAFO mentioned.

One additional item - and one I think that is just as important: Promoters of the Fair Tax say it will be simpler than what we've got. I agree that it will start out simpler, but it will not be long before Congress starts carving out exceptions and differences and all sorts of things. These will all add to the complexity of the national sales tax and negate that supposed advantage over the existing income tax.

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