Off-Topic: Republicans need a specific, detailed plan

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	Name:	4691 -
	Subject:	Republicans need a specific, detailed plan
	Date:	11/10/2010 2:02:51 PM

MAJ USA RET - I agree on all points, except No. 9. I think implementation of the Fair Tax would require some of the same magic fairy dust that the progressives depend on to make their plan work. Our economy is ~70% consumption. Purchasing is based as much on perception as reality, probably more so. I seen esitmates of 34% federal sales tax to match current revenue. That assumed constant consumption rate. I would defer the purchase of my next new car at least a few more years to avoid a $20K tax. It would take a long time for most everyone to adjust. In the interim what happens to businesses dependent on current sales? I'm more for keeping the progressive income tax, but without any deductions or credits [NONE] and only a few tax rates, Almost everyone must contribute something and no one gets more back then they pay in. To me, that would be a fair (enough) tax system.