Honzo August 22nd, 2005
In order to be revenue-neutral, the Fair Tax rate would have to be:
- 22.9% - The Economic Impact of the National Retail Sales Tax, Dale W. Jorgenson (Harvard)
- 23.1% Letter to Americans For Fair Taxation, April 4, 1997 - Jim Poterba (MIT)
- 24.0% Replacing the U.S. Federal Tax System with a Retail Sales Tax – Macroeconomics and Distributional Impacts - Laurence Kotlikoff (Boston University)
Source: Rebuttal of the September 2004 Committee on Ways and Means minority staff report on the FairTax (Link to PDF)
I do not have links to the actual studies, I will look for them. If
anyone is able to find them , please let me know, I would like to look
at them.
What am I talking about? Fair What? Go and read the Fair Tax Sketch Fair Tax Sketch and Dave’s problem’s with it 1 2.
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For supporters of the Fair Tax, I’ve started a group called “Fair Tax
Fans” in an attempt to link people who are in favor of the Fair Tax and
help spread the word about it. If you’re interested in joining, please
visit:
http://www.buzzbrockway.com/fairtaxfans.html
Thanks,
Buzz Brockway