Well the reasoning is sound. But that is a poor reason to object to an improvement in the tax system.
I mean the very thing you complain about in reference to the FairTax exists now. Everyday! In spite of what Harry Reid says the FairTax is a true voluntary tax! If Mr Nature did not desire to pay any tax, he need not!

Quote Originally Posted by SadisticNature View Post
Income taxes exist now. FairTax doesn't retroactively eliminate previous income taxes.

If I have money in the bank which I have earned and paid income tax on in 2009, and still have that money in the bank that is money that has already been taxed. If we switch to FairTax in 2011 and I spend that money then, I'm now paying 30% sales tax on money I've already paid income taxes on. Despite the fact that because of the switch there is no income tax in 2011.