The FairTax has been called the most thoroughly researched tax reform plan in recent history.The
following offers a quick introduction to the FairTax and tax reform and how it may affect you.

The FairTax rate of 23 percent on a total taxable consumption base of $11.244 trillion will
generate $2.586 trillion dollars $358 billion more than the taxes it replaces.

The FairTax has the broadest base and the lowest rate of any single-rate tax reform plan.

Real wages are 10.3 percent, 9.5 percent, and 9.2 percent higher in years 1, 10, and 25, respectively
than would otherwise be the case.

Disposable personal income is higher than if the current tax system remains in place: 1.7 percent in year
1, 8.7 percent in year 5, and 11.8 percent in year 10.

The economy as measured by GDP is 2.4 percent higher in the first year and 11.3 percent higher by the
10th year than it would otherwise be.

Consumption increases by 2.4 percent more in the first year, which grows to 11.7 percent more by
the tenth year than it would be if the current system were to remain in place.

The increase in consumption is fueled by the 1.7 percent increase in disposable (after-tax)
personal income that accompanies the rise in incomes from capital and labor once the
FairTax is enacted.

By the 10th year, consumption increases by 11.7 percent over what it would be if the current
tax system remained in place, and disposable income is up by 11.8 percent.

Over time, the FairTax benefits all income groups. Of 42 household types (classified by income,
marital status, age), all have lower average remaining lifetime tax rates under the FairTax
than they would experience under the current tax system.

Implementing the FairTax at a 23 percent rate gives the poorest members of the generation
born in 1990 a 13.5 percent improvement in economic well-being; their middle class and rich
contemporaries experience a 5 percent and 2 percent improvement, respectively.

Based on standard measures of tax burden, the FairTax is more progressive than the
individual income tax, payroll tax, and the corporate income tax.

Charitable giving increases by $2.1 billion (about 1 percent) in the first year over what it
would be if the current system remained in place, by 2.4 percent in year 10, and
by 5 percent in year 20.

On average, states could cut their sales tax rates by more than half, or 3.2 percentage
points from 5.4 to 2.2 percent, if they conformed their state sales tax bases to the
FairTax base.

The FairTax provides the equivalent of a supercharged mortgage interest deduction,
reducing the true cost of buying a home by 19 percent.

http://www.fairtax.org/site/PageServer?pagename=about_basics_main

But the folks we're relying upon to get rid of the tax code and replace it with this, the folks who must repeal the 16th Amendment, are all running for re-election. No matter the month or year, they're running for re-election. Unless and until a majority (or very vocal minority) convinces the ruling class that its in their best interests to enact this legislation, things will stay as they are.

I've been involved in this freedom movement for a minute or two, and the hardest things about it are the woefully undereducated populace, the attitude that there's nothing we can do about any of it: "death & taxes", and "our leaders" know more than we do and were appointed by God arguments.

Freedom is a great idea, and is something we can all wish for. But on this memorial day especially we best keep in mind the cost of freedom.
Ain't nobody gonna give us freedom. Our beloved government will take as much of our freedom and as many of our liberties as we tacitly and freely will give up for a promise of safety. And make no mistake: Too many American's firmly believe the income tax pays for our safety. They foolishly think our income taxes pay for the military and the ICBM's and the federal police forces that rule our lives keep the bad guys in check.