The Fair Tax intrigues me, I think it's a great concept. If you haven't heard of it, here's the basics as I understand them:I honestly did not know that. Thanks for the information.
No more annual income taxes, personal or business.
Sales Tax will be increased (I don't know how high, I believe less than 20%).
No more Capital Gains tax, Death Tax, anything like that.
You'll be getting your full paycheck, instead of all the taxes that come out that you never see.
I think it's a very innovative idea. Corporations won't need to hide money from the IRS in offshore accounts. Investors won't have to pay taxes on what they earn. You only pay taxes on what you buy. In theory, I think it has the potential to add a huge boost to the economy.