Taxing the thing that makes us poorer (spending) vs. the thing that makes us richer (investing/saving) is on its face a much better thing. Likely, from what you've said above, you'd end up spending significantly less, which would either be saved or invested. We don't live in a vacuum, so that benefit would change the parameters of our society, and would benefit everyone. That's just one point, but many other things would change considerably - just wanted to point that out.
Either way, I don't want you to pay more taxes, I want you to pay less. The FairTax, by every estimation that I can manage, would actually be awesome for savers and terrible for spenders. I'm all for that because we've been pushed to accumulate debt and spend our wealth away for years, and we, as a country, need a push in the right direction without all of the perverse incentives that the FED provides and our current tax code provides. Either way, I actually feel like we are all on the same team here and we're fighting around the edges. My personal goal is to push for the maximum amount of liberty, and I am guessing that is your goal as well. We, in this instance, do not agree; and, I am guessing that the reason we do not agree is that one of us understands this particular issue a bit more thoroughly than the other - could be you. But, I guess until I educate myself more on the subject, I won't know (however, you're not providing me with the information to do so). I'd be interested to see the calculator you're talking about and also how you estimated your own personal income tax rate vs. sales tax rate.
Ironically, I would pay astronomically more taxes under the Fairtax than I would in the current system because I'm heavy commercial real estate investments. With all of the mortgage deductions and building depreciation that I wouldn't be able to take underneath the FairTax, I'd get smoked on this bill. I think it would be better for America and better for the economy, so in the short run, I'm willing to sweat through any financial problems it would impose on me personally. I will just try to play the game as it exists in the meantime, and hopefully, we can all push this liberty movement far enough along where the national debate stage is full of these questions instead of us only on a Liberty minded website.
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