Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
Yes, this is the basis of the so called "fair tax", one of those brilliant Neocon marketing terms like the "clear skies initiative" and "healthy forests" initiative. By their logic, this would discourage consumption, which would destroy the economy, not to mention that its a de facto regressive tax, not matter what kind of special breaks low income individuals are given. I've never heard an economist outside of the Arthur Laffer gang tout this policy.