The FairTax, Join in!

[Avinash_Tyagi]

Eomund said:
hibikir your idea that there will be a ruling class formed by the FairTax is bogus.

Let me explain. Currently there is already a ruling class, the politicians. They are exempt from many rules that the rest of us have to follow. They also have an income paid for by you and me. Should they be paid by tax payer dollars? Yes. Should they be able to specially earmark my tax dollars for their projects? No. And yet they do! They are already a ruling class.
The current tax system can be, and is changed, yearly. It is changed by the same politicians we pay. They make incentives for lifestyle changes and hope to control our behavior through taxation. I can provide examples but they are lengthy.

My point is the FairTax will disassemble the current federal power structure of the tax code. Lobbyists will not be able to easily change the tax code in preference toward any one interest group. Now the FairTax Rate could be changed, but it will not be easy. Since the FairTax is highly visible to everyone, people will likely be much more attentive to tax changes and therefore the current ruling class would lose a bulk of its power.

Now the idea that wealth would create a ruling class might have some merit, if it didn't come from Karl Marx. We have seen the opposite of what Marx predicted would happen in Capitalist Countries like America. He predicted that the disparity between the wealthy and the poor would become greater and greater until it would become uncrossable and you would have two classes of people, the rich and the poor.
In America there is great mobility of the wealth. People change between the Quintiles (the 5 different groupings of people based on income) quite often. There is research that shows this. I don't have a link right now so take my word for it until I can find it.

 US isn't a capitalist economy, it is a mixed economy