My main objection to the Fair Tax is that it will require the elimination of cash. All payments will have to be made electronic in order for Big Brother to collect its share.
No, cash would still be an acceptable form of tender.
The merchant or retailer or whatever would be responsible for reporting and paying those dollars into the treasury just like they are now with state sales taxes.
FAIR TAX NOW!!!!!
My main objection to the Fair Tax is that it will require the elimination of cash. All payments will have to be made electronic in order for Big Brother to collect its share.
@John Cooper:
No, cash would still be an acceptable form of tender.
The merchant or retailer or whatever would be responsible for reporting and paying those dollars into the treasury just like they are now with state sales taxes.