Meet The Candidates: 2012 GOP Thread

[Slingin Sammy 33]

Originally Posted by saden1

You have stated the ideals and potential benefits now the question I have is what are the problems with this plan? Just looking at what you wrote and what I gathered from Cain's speeches I see holes a few sizes bigger than Andy Ried's waist line in this plan.

Here's a letter of support of the FairTax plan signed by (80) independent economists.

Americans For Fair Taxation: An Open Letter to the President, the Congress, and the American people Concerning Reform of the Federal Tax Code

Let me know where you see specific problems and I'll address them as best I can.