^What a bump.
Also, of course he hates it. He would lose his job. The nice thing about the fair tax is that it is so very easy to comply with. Right now a company would have to hire a fleet of accountants to figure out how much tax was really owed. Under the fair tax, one person with a calculator would just have to do one simple calculation: X * Y = Z where x = revenue, y = fair tax rate, and z = tax owed.
Also, it's easier to enforce. Right now the IRS has to hire a phalanx of accoutants to enforce the current tax code on 150M+ individuals. Under the Fair Tax the IRS will need a much smaller fleet to enforce the fair tax on a couple hundred thousand businesses, if that.
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