[balrog666]

Does that mean that once Congressman Linder supports the 18 - 20% preliminary recalculation of the rate that the congressional research staff of the Library of Congress is working on, that those few economists who object to the rate will come along?

Hell, no! They tend to think if 10% is good enough for God, it should be good enough for the government.

BTW, I would commend to your attention Dr. Donald Ratajczak's column in last week's Atlanta Journal-Constitution. He basically walked his readers through the rate and stated that Senator Kerry was wrong to attack the rate. Dr. Ratajczak, in addition to being a Democrat, is one of the most respected economists in the southeast. He also prefers a VAT to the FairTax, but views the FairTax as far better than the current system.

So post it. And, whatever he said, Kerry is a complete buffoon on all matters related to logic, economics, or public policy. If he said anything informative, somebody else wrote it for him.

And a VAT is incredibly counterproductive because it is a hidden and unattributed cost and is easily changed by law in the dead of night.

[phil_will1]

"And a VAT is incredibly counterproductive because it is a hidden and unattributed cost and is easily changed by law in the dead of night."

Finally!! We agree on something.