Most people can easily see the advantages of replacing the
personal income tax and employee payroll taxes with a national
sales tax like the FAIRtax: no more income tax withholding and
payroll tax deductions taken out of their paychecks, no more
filing of annual tax returns, no need to hire a professional tax
preparer, no more onerous record keeping, and so on. The
advantages of the FAIRtax also repealing corporate income taxes
and employer payroll taxes, on the other hand, are not so
obvious. Some question the giving of a tax break to business.
After all, business should pay its fair share of taxes.
Read More.