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Kotlikoff Study: 23% FairTax = Revenue Neutral
Bill Gale (2005) and the President’s Advisory Panel on Federal Tax Reform (2005) suggest that the effective (tax inclusive) tax rate needed to implement H.R. 25 is far higher than the proposed 23% rate. This study, which builds on Gale’s (2005) analysis, shows that a 23% rate is eminently feasible and suggests why Gale and the Tax Panel reached the opposite conclusion. Comments
Re: Kotlikoff Study: 23% FairTax = Revenue Neutral
by
Koozebane
on Mon 26 Mar 2007 04:15 PM EDT | Profile | Permanent Link
I certainly hope this method of taxation is adopted.
Taxing the cheats is a WONDERFUL prospect. This is the main reason I support the fair tax system.......EVERYBODY pays. |
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