Posted by Chris Farris under
Stupid People ,
FairTaxNo Comments
I’ve come to the conclusion that the FairTax no longer represents fundamental pro-growth tax reform.
It has taken me awhile to resolve my feelings for the FairTax. Unlike Indy and others, I think the bill would benefit our economy and country greatly. I think it might be one of the few ways out of this mess our congress critters have made with entitlements. I think a consumption tax is a better way to raise revenue than a tax on productivity. I think the FairTax would encourage savings and investment, bring foreign capital to our shores, strengthen the dollar and lower the price of oil.
The problem is that the FairTax promoters and supporters jumped onto the Mike “I’m happy to raise taxes in anyway you want” Huckabee bandwagon. How is it that people who want to lower taxes and improve government would vote for someone who increased the tax burden of his state by 50%?
I began to realize that the FairTax promoters would use any means available to promote their idea and the FairTax supporters would buy it. The FairTax movement stopped being for better public policy and became a cult.
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