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To: RobFromGa
Some people predicted that John Kerry would win the Presidency. How cna we possibly ever be sure enough about all the consequences- intended and unintended-- of this radical change to make it sane to take such a risk?

That's a damn good question!

Who do you trust enough to bet the entire US economy on? Anyone?

And how many real economic studies would you like to see? And how many are they offering?

Need I go on?

77 posted on 08/03/2005 6:24:50 PM PDT by balrog666 (A myth by any other name is still inane.)
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To: balrog666

Considering that we can't even get most people to agree that the Laffer Curve exists, and that to a point tax rate cuts increase revenue through growth...

And considering that our government uses static models in predicting effects of tax law changes because dynamic models are too risky evne though there is plenty of data to allow its use...

And considering that our own budget deficit estimates under a fairly fixed set of laws and conditions fluctuate wildly over time...

The entire Fair Tax movement appears to be a very risky scheme from any rational point of view. We do not tolerate these high levels of risk and we are in the middle of a world war that needs to be financed to boot. I think this whole exercise is a huge waste of time.

It is not going to happen, it will let Neal Boortz add "NYT Bestselling Author to his official bio". I am beginning to think that is his motivation.


83 posted on 08/03/2005 6:33:14 PM PDT by RobFromGa (This tagline is on August recess...)
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