The question from two folks was, "but there is a difference between flat taxes and "the fair tax." There ain't. Both are simply euphemisms for regressive taxation. What we have now is a progressive tax, where the more you make the more you get taxed. In theory. As you will read in Angry Bear's Experiment here, to understand better what is at stake in all this tax talk is this:
a) Who gets a greater percentage of her income from tax free munis - Paris Hilton or a maid who works at the Hilton?
and b) Who is more likely to retain the services of a high powered tax services company which knows all the loopholes that can be used to shield income or inflate costs, and who is more likely to get a W-2 - Paris Hilton or a maid who works at the Hilton?
As to a consumption tax like the flat tax, all you need is one question: who has to spend a greater percentage of his income just to keep body and soul together each and every year of his life - Steve Forbes or a janitor at the magazine that Forbes inherited?"
I particularly like how he ends it: