Dear Originalist,
I don't put any particular stock in Dr. Jorgenson. I'm not a proponent of the NSRT. However, he's the guy who developed the model to support the idea of the NSRT, and thus, figuring out precisely what he said clarifies the discussion. That's all.
That being said, I CAN understand his reasons for developing the model in the way that he did, passing the saved taxes to consumers, in that this model seems intuitively to me to create more overall economic advantage, than returning the saved taxes to the employee.
However, I truly doubt whether the model can be implemented as he has designed it.
sitetest
Dr. Jorgenson's research is what many of the fair taxers predictions are based on. In fact, the research is paid for and owned by AFFT, a fair tax advocate. The point of the post is that the fair taxers have lied about what Dr. Jorgenson's report actually said by the tune of $1.3 Trillion.