Entroper on 12 January 2008
| Do you really want to add 30% to the cost of a new home? And pay an extra 30% in interest on the borrowing price? 30-40% more for your legal services? Do you want your rents to go up 30%? Do you really think that massive evasion would not follow? We would move back to a black market cash economy so fast it would take all of Ben Bernanke's printing presses working overtime to create enough cash for the black market economy. |
If my income went up 30% (because of elimination of income tax), why not? The anti-FairTax people need to stick to logical arguments and avoid emotional appeals.
