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We get what's left over. that's backwards. the fruits of our labor should as long first to us and then we should pay our taxes and the fair tax allows you to take home everything that you earn. and you pay it when you buy something not when you earn it, so you're not penalized for our productivity. i want to ask you just in rapid fire, a couple of questions here. >> sure. >> what happens to the irs? >> the irs goes away. >> mike: what happens to capital gains tax? >> that goes away. >> mike: what happens to individual income tax? >> that goes away. >> mike: what happens to taxes on investment....

That's backwards. the fruits of our labor should be belong first to us, and then we should pay our taxes. and the fair tax allows you to take home everything that you earn. >> mike: you pay it when you buy something, not when you earn it, so you are not penalized for your productivity. i want to ask you just in rapid fire a couple of questions here. what happens to the irs? >> the irs goes away. >> what happens to capital gains tax that. >> goes away. >> what happens to individual tax. >> it goes away. >> mike: what happens to taxes on investment? >> eliminated. >> what happens to taxes on our...

That's backwards. the fruits of our labor should be belong first to us, and then we should pay our taxes. and the fair tax allows you to take home everything that you earn. >> mike: you pay it when you buy something, not when you earn it, so you are not penalized for your productivity. i want to ask you just in rapid fire a couple of questions here. what happens to the irs? >> the irs goes away. >> what happens to capital gains tax that. >> goes away. >> what happens to individual tax. >> it goes away. >> mike: what happens to taxes on investment? >> eliminated. >> what happens to taxes on our...

That's backwards. the fruits of our labor should be belong first to us, and then we should pay our taxes. and the fair tax allows you to take home everything that you earn. >> mike: you pay it when you buy something, not when you earn it, so you are not penalized for your productivity. i want to ask you just in rapid fire a couple of questions here. what happens to the irs? >> the irs goes away. >> what happens to capital gains tax that. >> goes away. >> what happens to individual tax. >> it goes away. >> mike: what happens to taxes on investment? >> eliminated. >> what happens to taxes on our...

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