...on the "Fair Tax," also known as the "National Sales Tax," which is one of Bush's "agenda items"...it just doesn't quit.
http://www.tpmcafe.com/Boortz and Lidner's Fair Tax - Could it Happen Here?
By Chris Fonzone
http://houseoflabor.tpmcafe.com/story/2005/8/23/21750/2475Aug 23, 2005 -- 09:07:50 PM EST
There’s a bill circling Congress in support of the “Fair Tax” with
several notable supporters, including Dennis Hastert and Tom Delay. As this TPMCafe post details, letters to the editor are starting to appear in favor of the plan. And, as mentioned above, the book is a runaway Amazon bestseller, with hundreds of favorable reviews.
During the last election, President Bush even voiced a willingness to consider the bill, before pulling back on his comments after a groundswell of opposition.The fact that the plan is gaining momentum does not make it a legitimate option, however. There is plenty of room to question Boortz and Linder’s claims:
the book is a ill-supported bromide that ignores unfavorable arguments and considers the necessary data optional, at best. And, even taking the proposal at face value, it is clear that
the Fair Tax reflects the business interests that financed its creation and are pushing its adoption. It’s hardly surprising that
the impact the tax will have on Middle Class Americans (is it regressive?), one on
our concerns with the empirical data and consistency of the argument in the book, and a final post on issues ignored in the book (e.g. transition costs). Our hope is that we can both point out the problems with the “Fair” Tax plan and stimulate a discussion on real tax reform – tax reform that benefits all Americans, not just the political donor class.