“Despite what you will be told, the Fair Tax will collect the same amount of revenue as the income tax, but it will spread the burden more equitably and transparently. It would literally eliminate any need for the Internal Revenue Service because it is a tax of 23% on what consumers spend ‘instead of an average of 30% of all the money they earn.’” [editor’s note: Actually, it’s a 30% tax, not a 23% tax, and if it’s money you earned and banked before the “Fair” Tax is implemented, you get to pay the 30% sales tax when you spend it, ON TOP of the income tax you paid when you earned it. It’s hard to come up with a worse idea than the income tax, but the “Fair” Taxers somehow managed it - TLK] (03/15/10)