Yes there is more technical detail than I will share with the client, however I have now learned the basic tax concepts of the ETF world. (advisor.ca)
Then once you have an understanding of the basic tax framework, you can understand more advanced tax concepts and where they fit in to the bigger framework. (rootofgood.com)
Under the Fair Tax concept, a federal retail sales tax would replace all existing federal personal and corporate taxes. (legalblogwatch.typepad.com)