The FairTax question 

Yes, yes, I am aware that one of the audience participants asked if any of the candidates would be willing to support the FairTax.  Then Wolf Blitzer took it upon himself to elaborate on the question by explaining: “The FairTax basically is a national sales tax,” to which you could audibly hear the audience booing in disagreement over Wolf’s description.  And then Wolf Blitzer only allowed one candidate to answer the question.  That one candidate was Mitt Romney, who had this to say about the FairTax.

Romney: “A national consumption tax has a lot going for it.  It would level the playing field in the country making sure everybody is paying some part of their fair share.  But the way the FairTax has been structured, it has a real problem.  And that is it lowers the burden on the hightest income folks, and the very lowest income folks, and raises the middle income people.”  (audience boos)  The people who have been hurt the most by the Obama economy are the middle class….”

Well let’s see.  You’re middle class. You get to keep 100% of your paycheck.  You have no death tax when you die.  You have no taxes on capital gains … like when you sell your house.  There are no dividends taxes in case you own any stock.  What’s more – you don’t pay a penny in FairTax to the federal government until you have taken care of your family’s basic necessities such as food, shelter, transportation and health care.  Yeah … sounds like a real raw deal for the middle class.  Would YOU pass it up?