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<blockquote data-quote="inactive" data-source="post: 1967299" data-attributes="member: 7488">You are correct.&nbsp; Also, consider if a NATIONAL sales tax passes, how quickly markets will opo up to circumvent it entirely.&nbsp; How long before the limited government politicians begin to call in forces to enforce the sales tax?I&#039;m generally in favor to some form of consumption tax, on certain conspicuous goods (Kerry&#039;s yacht is a great example <img src="/images/smilies/smile.png"&nbsp; class="smilie" loading="lazy" alt=":)" title="Smile&nbsp; &nbsp; :)" data-shortname=":)" /> ) or perhaps a small rate even in general if it dialed back the income taxes rates.&nbsp; But the Fair Tax in and of itself , or any full consumption tax, is shaky ground for the reasons you outlined.Heh, and as dustingaunder implied and many (not all) failed to grasp, it would never pass as the big money politicians would lose their preferential capital gains rates to the higher Fair Tax.</blockquote>

[QUOTE="inactive, post: 1967299, member: 7488"] You are correct. Also, consider if a NATIONAL sales tax passes, how quickly markets will opo up to circumvent it entirely. How long before the limited government politicians begin to call in forces to enforce the sales tax? I'm generally in favor to some form of consumption tax, on certain conspicuous goods (Kerry's yacht is a great example :) ) or perhaps a small rate even in general if it dialed back the income taxes rates. But the Fair Tax in and of itself , or any full consumption tax, is shaky ground for the reasons you outlined. Heh, and as dustingaunder implied and many (not all) failed to grasp, it would never pass as the big money politicians would lose their preferential capital gains rates to the higher Fair Tax. [/QUOTE]

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