Education Archive
Embedded income tax costs
November 7, 2009 · Category: Education
Hank posted a request for a new thread to discuss the embedded income tax costs. He wrote "The upcoming Fairtax campaign will likely draw from the recent article on the AFFT website that I have ...
Posted by Morphh · 57 Comments »
An Inconvenient Tax
Due out in 2009, An Inconvenient Tax explores the history of the income tax and the causes of its many complexities. The film follows the tax through wars, economic booms, and significant presidencies in U.S. ...
Posted by Morphh · 112 Comments »
Fairtax As Is Versus Current Income Tax As Is
June 5, 2009 · Category: Education
This is really a question for opponents of the fairtax. Opponents talk alot about the negatives of the fairtax. A lot of those exist in the current system and would really be part ...
Posted by Andrew Martin · 95 Comments »
The Cost on State and Local Government
June 1, 2009 · Category: Criticisms, Education
Sometimes we discuss the debating point that a portion of the federal revenue is supposedly hidden in higher State and Local taxes. As we know, tax rates and even nominal dollars can be misleading. The ...
Posted by Morphh · 21 Comments »
State Budget Shortfalls Present a Tax Reform Opportunity
The Tax Foundation released a new report (Special Report No. 164) on the State budget shortfalls and states that it could be an opportunity for tax reform. I noted what was described as an unstable ...
Posted by Morphh · 3 Comments »
The embedded cost of taxes
It is stated that retail prices are inflated due to taxes and compliance costs that become embedded into the product and passed to the consumer by producers and suppliers. We've tried on this blog to ...
Posted by Morphh · 38 Comments »
Effect of FairTax on HealthCare
September 14, 2008 · Category: Criticisms, Education
Hayden requested a discussion on Heathcare (see first post).
The current tax system is a large factor that drives the structure of the existing health care system. We have a health care market that is ...
Posted by Morphh · 23 Comments »
America the Uncompetitive
Economists at the Organization for International Cooperation and Development released a new working paper titled "Taxes and Economic Growth" where they studied the effects of various types of taxes on the economic growth of developed nations within the ...
Posted by Morphh · 8 Comments »
Flat Tax vs. FairTax - Transition?
The Heritage Foundation's Dan Mitchell discusses the current tax code and offers solutions for fundamental tax reform.
Posted by Morphh · 42 Comments »
Summary of the Presidential Candidates’ Tax Plans
July 13, 2008 · Category: Education
McCainObamaTaxation of HouseholdsIncome Tax Rates Permanently extend lower tax rates (wages, dividends and capital gains). Rollback lower wage tax rates for those with incomes above $250,000 Raise tax on dividends and capital gains from 15% to 28%Alternative Minimum ...
Posted by Morphh · 22 Comments »
The Impact on Housing and Homebuilding
July 3, 2008 · Category: Education
A new study was released from the Baker Institute For Public Policy at Rice University - The Impact of H.R. 25 on Housing and the Homebuilding Industry (thanks Hayden for the link).Abstract: This report examines the macroeconomic and transitional ...
Posted by Morphh · 25 Comments »
Hauser’s Law: Why You Can’t Soak the Rich
June 17, 2008 · Category: Education
Over the past 60 years, no matter how much federal tax RATES have been raised or lowered, tax REVENUES have remained at about 19% of GDP:
The chart nearby, updating the evidence to 2007, confirms Hauser's ...
Posted by Joshua Zader · 69 Comments »
The FairTax Is About Economic Growth
In a recent post, it was commented that we should discuss the studies/articles predicting economic growth under the FairTax, remarking "that Kotlikoff and others had really concluded that the actual economic growth under the FairTax ...
Posted by Morphh · 72 Comments »
Purchasing Power - The Forgotten Factor
May 2, 2008 · Category: Education
In many recent posts, I've noticed that purchasing power is often forgotten about in tax comparisons between the FairTax and the current tax system. Since many discussions assume employees get gross wages, we also ...
Posted by Morphh · 47 Comments »
Effects on corporate finance
April 6, 2008 · Category: Education
Poster Cesinco poses this question:
Oddly enough, you may find that one of the biggest obstacles [the FairTax will have] to overcome is from the corporations themselves, who would no longer have any corporate taxes to ...
Posted by Mark Bostleman · 13 Comments »
Why income is irrelevant in a consumption based tax
April 5, 2008 · Category: Education
Often, the taxes paid in a consumption model like the FairTax are indexed against income in an attempt to convert it back to an income model. With this conversion in place, it is then ...
Posted by Mark Bostleman · 84 Comments »
Redefining Regressive?
April 5, 2008 · Category: Education
At the end of this post, the discussion turned to the definition of "regressive" in the context of taxation. I thought this discussion should be promoted to its own topic because, even though it ...
Posted by Mark Bostleman · 48 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?
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 »
