Honzo August 23rd, 2005

For those of you interested in the idea of a National Sales Tax to
replace the current federal tax system, an excellent source is the Cato Institute’s paper entitled Emancipating America from the Income Tax: How a National Sales Tax Would Work by David R. Burton and Dan R. Mastromarco. It is not an anylisis of the HR 25, but it looks at the general idea of a National Sales Tax. It has an excellent section on how a national sales tax is more progressive than an income tax system could ever be!

Oh yea, always remember not to be guilty of the General Fallacy when
reading something from an institute that you do not agree with! Hasty
Generalizations make the Dali Lama cry.

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