I'm not feeling the "Fair Tax" because to me the only people actually benefiting are people in the higher tax bracket. Take a college student working a part time job for an example. With the Fair Tax plan, they have to pay 23% on all of their groceries, books, computers, and all the other expenses that they are faced during the time they are in school. Cool, now they aren't paying federal taxes, but they were not paying much taxes to start with because they were not making enough. Tax for tax, they would end up loosing money if their spending habits didn't change. In addition, It seems like the Fair Tax plan would do more harm than good to the economy. Being taxed on what you spend would actually discourage many people from shopping. If people thought gas prices cause people to stop shopping, just imagine how people going to react when everything people purchase actually increases 1/4 the price due to sale taxes.


Just my