[econ_grad]

I bet the committee members have not read the following paper:
J Heckman, L. Lochner and C. Taber, "Tax policy and Human Capital Formation," American Economic Review, (May 1998), 88(2), 293-297.

Don't hold your breath for the committee or any opponent to actually read it.

[lewislynn]

Don't hold your breath for the committee or any opponent to actually read it.

Maybe they did read it but decided it, like the Fairtax, isn't the last word on the subject.

[pointsal]

why read... too many things to remember.

[MortonMark]

I bet you didn’t read the part of the Fairtax book where Boortz says

“The federal government ITSELF will become a MAJOR taxpayer.” Page 148, in his Magic Bean book, er, I mean, Fairtax book.

If you can have the federal government pay 500 billion in taxes TO ITSELF — why stop there? WHy not 600 billion? WHy not a trillion?

Really, if you can tax the federal government 500 billion — whats to stop you from taxing it a trillion?

You might want a refund on your economics courses, if you think the federal government can pay itself 500 billion, and count it as a receipt.