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To: ancient_geezer
No but I can show in the '97 Jorgenson JCT study under '96 income tax law conditions, that the VAT and Flat Tax are essentially the same in all factors measured including their effect on producer prices.
1997? That was before they perfected their model.

LOL!
644 posted on 02/05/2005 8:57:18 PM PST by Your Nightmare
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To: Your Nightmare

Never fear, the a near equal result for VAT and flat tax would occur in any model as they address all levels of production in the same way.


645 posted on 02/05/2005 9:44:28 PM PST by ancient_geezer (Don't reform it, Replace it!!)
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