By using this site, you agree to our Privacy Policy and our Terms of Use. Close

FactCheck.org is about as neutral and accurate as they come.  Here's what they have to say about the FairTax:  

http://www.factcheck.org/taxes/unspinning_the_fairtax.html

This is the Treasury Department's graph of who will pay what percentage of tax revenue under the FairTax as opposed to current tax law.  Notice how everyone is actually paying MORE except for the extremely poor and very rich?  

You should also check out the part about the misleading "tax-inclusive price" tax rate. 

In conclusion:  the FairTax would be LESS FAIR THAN THE CURRENT TAX SYSTEM.  (Giving handouts -- shades of welfare? -- to the poor while effectively dropping taxes on the rich and raising them on everyone else.) 



Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.

"Everyone is entitled to his own opinion, but not his own facts." - Sen. Pat Moynihan
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
The old smileys: ; - ) : - ) : - ( : - P : - D : - # ( c ) ( k ) ( y ) If anyone knows the shortcut for , let me know!
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
I have the most epic death scene ever in VGChartz Mafia.  Thanks WordsofWisdom!