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To: Brellium
I have better things to do than to spend my entire weekend writing an economic paper detailing how the Fair Tax is a house of cards built on a shaky foundation of assumptions.

Very wise. I waste too much time trying to explain basics economic realities to the fairtax supporters. You already seem to have a full grasps of the shortcomings. Conceptually it is a good plan, but there is no way you can just switch over from an income tax to a consumption tax and not throw the entire economy into chaos.

361 posted on 10/21/2006 4:26:15 PM PDT by Always Right
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To: Always Right
"I waste too much time trying to explain basics economic realities to the fairtax supporters."

LOL!!!

363 posted on 10/21/2006 4:39:07 PM PDT by pigdog
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To: Always Right; Principled; pigdog
I waste too much time trying to explain basics economic realities to the fairtax supporters.

I'm saving this post for all posterity. I may sneak it back into these threads from time to time. LOL!!!

The official SQL economic textbook:


365 posted on 10/21/2006 4:47:10 PM PDT by groanup (Limited government is the answer. What's the question?)
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