Quote:
Originally Posted by Adept1
Under the "Fair Tax Plan" you not only get to keep your entire paycheck you will get a monthly or quarterly(whatever is decided) check in the amount equal to what your family is expected to pay in taxes on your "basic necessities". This is to offset the "unfair" impact on the economically challenged.
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Offset and eliminate are not the same thing. They will still be paying more taxes than in the status quo, a proposition most can ill afford. And the definition of basic necessities is a bit vague. That would have to be cleared up. I'd be closer to supporting a VAT with an exemption for individuals who make up to a certain amount.