[pigdog]

"At least it appears you are admitting that this silly talk of a ~19% revenue neutral FairTax rate is wrong. Baby steps..."

"Admitting ..."??? Not at all, I believe you've misread what the Kotilkoff/Suffolk paper actually indicates. It certainly indicates the revenue neutral rate would most likely be lower than the 23% rate when a reasonable dynamic analysis is done ... more like giant steps to a respectable tax system for this century.

[lewislynn]

"In practice, therefore, it would probably be possible to implement the FairTax at the 23% rate without any reduction in federal spending."

It certainly indicates the revenue neutral rate would most likely be lower than the 23% rate when a reasonable dynamic analysis is done

Not untill "in practice" is defined.