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Posted on 03.18.10 by Thomas L. Knapp
“When I first heard of the FairTax three or four years ago, I was excited — as excited as one can get about the subject of tax, that is. I went on line and printed out the entire bill, and, from time to time over the next couple of days, I read it. It seems I have time to do this kind of thing because I don’t go to the ballet or play golf. My first reading left me underwhelmed, but reading any kind of tax code will leave you that way. I didn’t like the fact that the FairTax was to be revenue neutral, but I realized that revenue neutrality was required for it to have any chance of passage. I’m not a strict ideologue; I’m willing to achieve goals incrementally. Incrementally is how we became a welfare state, after all. If the FairTax would simplify the tax code, I saw that as an improvement worth supporting. If I have to pay the federal government a bunch of money, I might as well do it as quickly and with as little paperwork as possible. The issue of tax reduction could come later. But, try as I might, I couldn’t make myself become a supporter of the FairTax. I don’t hate it. But neither do I support it.” (03/19/10) Link: http://www.lewrockwell.com/orig11/stanley-b3.1.1.html Filed under: RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |









