Education Archive

Taxes and Prices

January 4, 2008  ·  Category: Education
Here is a brief essay sent by reader Ralph Layman, partly in response to our thread "No Such Thing" as an Embedded Tax?... Jobs and Taxes Nearly 50 years ago, I was hired to teach pre-algebra ...
Posted by Joshua Zader  ·  13 Comments »

“No Such Thing” as an Embedded Tax?

January 2, 2008  ·  Category: Criticisms, Education
UPDATE: This person (who posted under the name "Gus James") contacted me after I made this post. He revealed his real name and explained why his comments were posted more than once (it wasn't ...
Posted by Joshua Zader  ·  26 Comments »

Bruce Bartlett: Why the FairTax Won’t Work

December 30, 2007  ·  Category: Criticisms, Education
Bruce Bartlett has published an article in Tax Notes called, simply enough, "Why the FairTax Won't Work." (Thanks to Morphh for the tip.) Bartlett was formerly Treasury deputy assistant secretary for economic policy and executive ...
Posted by Joshua Zader  ·  20 Comments »

Increased Visibility of the FairTax

December 29, 2007  ·  Category: Education, Mailbag
From reader Andrew Martin: Great site. I am a fair tax supporter, but I really enjoy the cordial debate that goes on here. The main reason I support the fair tax is visibility. ...
Posted by Joshua Zader  ·  19 Comments »

Does HR 25 Exclude Money as a Commodity?

December 28, 2007  ·  Category: Criticisms, Education
The letter below is from reader David Wilshin. I'm editing out some of the snarky parts so that his concerns may be addressed by other readers. Depending on his choice of words, he ...
Posted by Joshua Zader  ·  10 Comments »

Remaining Questions from John Warr

December 28, 2007  ·  Category: Criticisms, Education
I'm bumping this extended comment, from "On Taxing Government Expenditures Part II," to start a new thread. Wow! Sounds like most of us are on the same page in this discussion. Please indulge me in the ...
Posted by Joshua Zader  ·  3 Comments »

FairTax Implications for Service Providers, Contractors, and Imported Components

December 28, 2007  ·  Category: Criticisms, Education, Mailbag
Below are questions submitted by an anonymous reader. I'm adding numbers to the questions so they can be answered more readily. In light of the upcoming elections, I am trying to decide whether or not I ...
Posted by Joshua Zader  ·  10 Comments »

AFFT CEO Leo Linbeck on the FairTax in the WSJ

December 26, 2007  ·  Category: Articles, Education, Media Citings
Thanks to Hayden for pointing out this one: FairTax Facts By LEO LINBECK December 26, 2007; Page A10 Much has been written lately about the FairTax, the proposal to replace the current federal income tax with a national retail ...
Posted by Joshua Zader  ·  23 Comments »

On Taxing Government Expenditures - Part II

December 26, 2007  ·  Category: Criticisms, Education
Hank van Geison sends this new thread-starter on the topic of "On Taxing Government Expenditures." By way of review on this thread’s subject, here is what I think we are more or less agreed on if ...
Posted by Joshua Zader  ·  13 Comments »

Comparing Average and Marginal Tax Rates under the FairTax and the Current System

December 24, 2007  ·  Category: Education
Morphh just pointed out the Oct 2006 study “Comparing Average and Marginal Tax Rates under the FairTax and the Current System of Federal Taxation” by Kotlikoff and Rapson, which is available at that link in ...
Posted by Joshua Zader  ·  1 Comment »

Hank Van Geison on the FairTax Calculator

December 23, 2007  ·  Category: Criticisms, Education
Hank Van Geison forwards the following, from an e-mail he sent to AFFT's Director of Communications, for comments or suggestions from other readers: The calculator is easy to use and seems to be accurate for everyone, ...
Posted by Joshua Zader  ·  7 Comments »

Answering James Taranto’s Critique of the FairTax

December 20, 2007  ·  Category: Criticisms, Education
A reader named Derek has done an excellent job of answering Hayden Kepner's summary of James Taranto's critique of the FairTax in the Wall Street Journal. I'm pasting Derek's answer below, with a few ...
Posted by Joshua Zader  ·  5 Comments »

On Taxing Government Expenditures

December 20, 2007  ·  Category: Education, Mailbag
From John Warr: Can anyone explain how the federal government can generate revenue by imposing a tax upon itself? If revenue cannot be generated this way, why does HR 25 require the federal government to ...
Posted by Joshua Zader  ·  29 Comments »

Closing the B2B Loophole, Part II

December 17, 2007  ·  Category: Criticisms, Education, Mailbag
From reader Tanner E: I was hoping you or someone else could help me understand this regarding FairTax. I came across the “The ‘I’m My Customers’ Employee’ Trick” post from 10/05/06… and read through all ...
Posted by Joshua Zader  ·  3 Comments »

Irrefutable Proof the FairTax Cannot Work?

December 16, 2007  ·  Category: Criticisms, Education, Mailbag
FairTax critic Hayden Kepner actually submitted this a couple weeks ago but it got lost in all our technical difficulties. I just approved several other messages that had been stuck in the queue as ...
Posted by Joshua Zader  ·  75 Comments »

Questions about the FairTax Plan

December 14, 2007  ·  Category: Education, Mailbag
From reader Cynthia McClelland: I have several questions about the fair tax proposal. 1) If payroll deductions for Social Security/Medicare are discontinued, what about the employers' contribution? Has this been figured into the proposed beginning rate ...
Posted by Joshua Zader  ·  6 Comments »

Taxes and the Increase in Families Going Bankrupt

August 6, 2007  ·  Category: Education
Todd Zywicki at Volokh.com looks at taxes and the increase in families going bankrupt: [Since 1973] taxes increase in the example by $13,086. By contrast, annual mortgage obligations increased by only $3690 and automobile obligations by ...
Posted by Joshua Zader  ·  25 Comments »

The FairTax and Globalization of the U.S. Economy

July 11, 2007  ·  Category: Education, Mailbag
From Duane Neighbors: I would like to see a new thread started that discusses the current tax system, the FairTax and globalization of the nations economy. How would this country fare in the global marketplace under ...
Posted by Joshua Zader  ·  45 Comments »

The Fair Tax Act, Part LXIII

July 11, 2007  ·  Category: Education
Ah, here it is, the very last section of HR25. I made it. SEC. 303. SALES TAX INCLUSIVE SOCIAL SECURITY BENEFITS INDEXATION. Subparagraph (D) of section 215(i)(1) of the Social ...
Posted by James Kidd  ·  4 Comments »

The Fair Tax Act, Part LXII

July 9, 2007  ·  Category: Education
Nearly There! Section 302 creates the entities responsible for taxation within the Treasury Department: SEC. 302. ADMINISTRATION OF OTHER FEDERAL TAXES. (a) In General- Section 7801 (relating to the authority ...
Posted by James Kidd  ·  2 Comments »