So What's Wrong with the Fair Tax? Nothing, if You Like Being Taxed at All
I hate to disagree with you good folks who support the Fair Tax. I know that your hearts are in the right place. And while I prefer the Fair Tax to the Income Tax, the very need for any such tax, the attempt of which is to defray the cost of government, and its associated FISCAL imbalances, is purely a function of the PRIVATE MONETARY SYSTEM the American people are forced to use. That system charges interest on each dollar in the money supply, and pays that interest to a Fed Member Bank, the overwhelming proportion of which gets paid to those few who are on Wall Street. Understanding that one fact, it should not be difficult to understand how these banks got to be "to-big-to-fail." The truth is that, the NATIONAL DEBT IS AN ILLUSION of the Federal Reserve PRIVATE central banking system. Under a public system, that debt could be paid off by 9:00 tomorrow morning, no more borrowing, no more taxing, and no more accruing interest. And so while the Fair Tax migh...