Skull Pilot
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- Nov 17, 2007
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And that's your opinion.Yeah an article by Robert Reich partisan hack extraordinaire.He used the word "credible". I assume he doesn't mean "credible" to you, since you seem to think only rightwing think tanks tell you anything of value.Citations?
http://taxprof.typepad.com/taxprof_blog/files/bartlett_fair_tax.pdf
Adding up the Fair Tax
SUMMARY: Mike Huckabee says a national Fair Tax will be like a "magic wand." We say magic wands don't exist.
Critics of the Fair Tax are legion: The harshest say the idea is ridiculous nonsense; the mildest say it's an interesting thought experiment that can't work in practice. Few mainstream economists find the idea a worthwhile policy proposal for several reasons.
"At the end of this story, when you add in some state sales taxes, we could be close to 50 percent," Baker said.
Adding up the Fair Tax PolitiFact
Why The Fair Tax is Unworkable
Why The Fair Tax is Unworkable Arnold Kling EconLog Library of Economics and Liberty
According to Money magazine, while many economists and tax experts support the idea of a consumption tax, many of them view the FairTax proposal as having serious problems with evasion and revenue neutrality
Money Magazine Just how fair is the FairTax - Sep. 7 2005
Okay... You said: "No CREDIBLE economist thinks the 'FAIR' tax works with it's numbers. Period!"
I ask you for a citation and you gave me a left-wing think tank writer who is of the opinion that "few mainstream economists think [it's] worthwhile." (a far cry from no credible economist period)
Then you give me Money magazine which admits MANY economists support the idea! (definitely a far cry from 'no credible economist period'!)
I did not ask you if there were some economists who didn't like the Fair Tax idea. I didn't ask you if there were left-wing bloggers who didn't like the idea. I didn't ask you if there were people who were skeptical of it. I asked for a citation to support your claim that "No CREDIBLE economists thinks the 'FAIR' tax works with it's numbers. Period!"
You have FAILED to present that!
the reality:
The flat tax is a fraud. It raises taxes on the poor and lowers them on the rich. ... The rich usually pay a higher percent of their incomes in income taxes than do the poor. A flat tax would eliminate that slight progressivity.
Nowadays most low-income households pay no federal income tax at all – a fact that sends many regressives into spasms of indignation. They conveniently ignore the fact that poor households pay a much larger share of their incomes in payroll taxes, sales taxes, and property taxes (directly, if they own their homes; indirectly, if they rent) than do people with high incomes. ...
The truth is the current tax code treats everyone the same. It’s organized around tax brackets. Everyone whose income reaches the same bracket is treated the same as everyone else whose income reaches that bracket (apart from various deductions, exemptions, and credits, of course).
For example, no one pays any income taxes on the first $20,000 or so of their income... People in higher brackets pay a higher rate only on the portion of their income that hits that bracket — not on their entire incomes.
more at link:
Economist s View The Flat-Tax Fraud
he's just not one of *your* partisans. but i'll assume he knows a lot more on this subject than you and his opinions are more valuable than agenda-driven righties who have been ranting about the same things since Roosevelt.
I 'll ask you how treating everyone exactly the same favors any group and is unfair but having different rules for different people is considered fair?