(as not to derail that thread any further)
bear2k: the Fairtax itself isn't vague -- poor wording on my part. What I find vague is the plan of how to convince the Feds to implement it. I'd love to see it become part of our system. Not only would it tax everyone, rather than forcing the top and middle brackets to carry the brunt of the tax burden, it would satisfy the need some have to "tax the rich," without actually saying that. Polls say that many would like it if the rich were taxed more, so if Obama were to implement the Fairtax, which would tax those who spend more naturally, he might even see a chance at reelection. I've not read those books, however, no. Do they plan out how to get the Fairtax started?
@Rlionheart: Marxist Leninism is the truest form of Marxism there has been, which is disheartening seeing as how it fell apart eventually. Communism, as defined by Mao and Soviet Russia, is not Marxism. That's a big pet peeve of mine, when the terms are used interchangeably. Anyway, love to hear your take!


A consuption based tax isn't necessarily a fair tax. Someone who makes 25k a year spends 100% of their income to get buy, so esentially all of the income would be subject to tax. Someone who makes a million a year spends more and would be taxed more in absolute dollars, but the millionaire may only be spending 50% on their annual income. So, it seems to me that a large percentage of that income doesn't see any taxation. ???