No. Thats the hype. The act itself HR25, is simply a very very high sales tax, the world’s highest in fact, and it on things like your rent.

Did they mention its on your RENT and car insurance? And your utilities?

Think about getting the worlds highest sales tax on your rent, car insurance, food, water, gasoline, utility bills, phone bill -etc.

Are we really paying all that now?

No, we are not. They are fast and loose with their promises on Fairtax, and fast and loose with their math.

For example, do you know that the huge savings they claim — the 22% drop in prices — is BASED on wage earners accepting a 30% cut in their gross pay? Thats right, they sorta hid that fact way down in the fine print.

For example, Boortz doesnt call it a cut – he calls it a “readjustment” and offers all kinds of excuses for it.

But it boils down to this– the ONLY way for those prices to fall like Fairtax PROMISES you they will – is for workers — all workers — to accept a substantial cut in wages.

So what Fairtax is promising you, really, is that all the workers will accept a 30% cut in gross wages, and pay sales taxes on whats left,

The more you see what Fairtax is really about, the more you realize its pretty much a con game.

How will taxing cancer victims 30% on their surgery and chemo help our economy?

How will taxing nursing home patients 20-30,000 a year help our economy?

How will taxing people who buy new homes 50-200,000 help the sale of new houses?

Fairtax is actually absurd nonsense. Not only would it be the worlds HIGHEST sales tax — it would be a tax on things no other country even taxes — medical costs for example.

But the biggest absurdity of this farce – and fairtax is literally a farce — is that Fairtax would make the FEDERAL government pay 800 billion a year — TO ITSELF. Which is about as dumb as you can get, and still be able to exhale. The federal government CAN NOT POSSIBLY pay itself 800 billion or more a year. Or even 8 dollars a year.

Neal Boortz writes in his Fairtax (Farcetax) book, page 148 “The federal government ITSELF would become a MAJOR taxpayer.”

Nonsense — utter nonsense. When the federal government “pays” itself, it has to WRITE the check that it CASHES. Where on earth do you think the money will COME from, when it PAYS those checks?

This absurdity is how Fairtax can make fools believe the tax would “only” be 23%. Take away this absurdity, and the REAL rate would be over 50%.

Imagine a 50% sales tax on a new house. Imagine what THAT would do to new home sales. Imagine what a 50% sales tax would do to new car sales, to nursing home patients.

This lunatic fairtax is on car insurance too — health insurance, utility bills, gasoline, phone bills, cable bills, food, everything you buy.

I actually hope it passes. Its so stupid, so insane, so absurd, that maybe if we pass it, we can learn something about economics in this country.