Archive for March 2008

Florida Becoming a FairTax State?

March 29, 2008  ·  Category: Mailbag, News
From Jim Bennett: A proposed Florida $9.6 billion property tax swap represents a step in the direction of the Fair Tax at the state level but is not entirely the Fair Tax. Therefore Florida may not ...
Posted by Joshua Zader  ·  76 Comments »

Will state and local governments resist?

March 28, 2008  ·  Category: Criticisms, Education
From reader Hank Van Gieson: The fate of the Fairtax largely depends on the reaction of state and local governments. Repeal of the 16th Amendment will require 38 states to ratify any constitutional amendment. In addition, the ...
Posted by Morphh  ·  28 Comments »

Soak-the-rich schemes, version 317

March 23, 2008  ·  Category: Criticisms, Education
This conversation seems to warrant a new thread. The free enterprise system has created more economic mobility than any other political system in the history of mankind, so these complaints about the "skewed distribution of wealth" ...
Posted by Joshua Zader  ·  30 Comments »

Downward Pressure on Sales of New Items?

March 12, 2008  ·  Category: Criticisms, Education, Mailbag
From reader George: Since only new item would be taxed, there will be downward pressure on their sales as well as downward pressure on the wages of those producing new items. So has there been any serious ...
Posted by Joshua Zader  ·  14 Comments »

Taxing the Prebate, Once It’s Spent

March 7, 2008  ·  Category: Criticisms, Education
From Logan Boettcher: This might come as a shock to you (or maybe it doesn't), but the FairTax does not exempt poverty-level expenditures from tax. In fact, it levies a 5.29% tax on all households earning ...
Posted by Joshua Zader  ·  55 Comments »