Swampy regardless of what the village idiot posts, I posted this guys opinion of whats wrong with it. You're right I don't know all the ins and outs of it.
I posted it without comment so feel free to counter the points he's made against it. His opposition seems to be based more on the loopholes then on the fairness of the tax itself
On the surface it looks like an unfair tax, why, because its modeled after one, the sales tax.
Sales tax has been around as long as the income tax and was born from the same minds.
While the present tax is ridiculously unfair, I can't see its cousin the sales tax as a significant improvement.