Originally Posted by Spencer Collins

I will weigh in a little on the Fair Tax,it's a little premature but so is this tax plan! On the surface,I like the plan but the more I get into the details the more I see that the Fair Tax needs work before it can ever be enacted into law.What about the personal wealth that some of us have already acheived,this wealth has already been taxed,now they want to tax us "again" when we attempt to spend our acquired wealth? All existing tax that has been paid should be "excluded".

The "fairness" of any tax will always be subjective.Also..with more money that supposedly will be available for spending,what will this do for inflation?

In fairness,I have not yet made up my mind on the Fair Tax but I can see trouble ahead and some issues need to be addressed before this plan has real traction.