The Fair Tax should concern everyone of any age who has managed to save any of their earnings. We already paid income tax on the money we earned. Now they want to tax those earnings again when we spend it.
If you think about it, you already are paying more taxes when you spend, even before the FairTax. It's just the hidden tax that every company has to build into their prices to pay their own income taxes, and payroll taxes. The FairTax removes those burdens from companies and consumer prices will come down.
The Fair Tax should concern everyone of any age who has managed to save any of their earnings. We already paid income tax on the money we earned. Now they want to tax those earnings again when we spend it.
If you think about it, you already are paying more taxes when you spend, even before the FairTax. It's just the hidden tax that every company has to build into their prices to pay their own income taxes, and payroll taxes. The FairTax removes those burdens from companies and consumer prices will come down.