That's one for you, nineteen for me

Oct 06, 2010 16:37

I have long been interested in the Fair Tax, but I never could make the #s come out right for 25% to be revenue neutral, and no one ever answered me when I asked for their numbers. Someone I respect (a retired lawyer who I've seen in many blogs) has finally answered that for me: it would need to be around 34% to be revenue neutral.

Overall, I really like his assessment of Fair Tax - perhaps because he brings up the issues I have had with it.
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