An interesting article on what the FairTax is, and what it isn't, and why it will work. If you are unfamiliar with the FairTax, this will answer a lot of questions. - Brian
Why the FairTax Will Work
Tuesday, January 15, 2008
By: Laurence J. Kotlikoff
Bartlett's Unfair Attack on the FairTax
The FairTax was proposed over a decade ago. It now has hundreds of thousands, if not millions of supporters. The vast majority of these supporters are not economists. Some are radio talk show hosts, some are Congressman, some are painters, salesmen, investment bankers, homemakers -- you name it. Many FairTax supporters are wildly enthusiastic about the plan, and some have certainly made fantastic claims in its name that have no economic merit. Some of these claims, no doubt, have even found their way onto the FairTax.org website, which is manned, in the main, by volunteers, not economic PhDs.
READ MORE HERE