In response to:

Flat Tax or Fair Tax?

george293 Wrote: Jan 31, 2013 9:44 AM
I agree Richard, the fair tax would be a step in the right direction. It also would immediately reduce the size of the IRS by at least 75%. There soon would be no need for an IRS as all the taxation would occur at the cash register. Those who wished to not participate in the process could buy used products to save money. This would encourage thrifty behavior, recycling, and improve the over all wealth of the nation considerably.

I’m at Hillsdale College in Michigan for a conference on taxation. The event is called “The Federal Income Tax: A Centenary Consideration,” though I would have called it something like “100 Years of Misery from the IRS.”

I’m glad to be here, both because Hillsdale proudly refuses to take government money (which would mean being ensnared by government rules) and also because I’ve heard superb speeches by scholars such as Amity Shlaes (author of The Forgotten Man, as well as a

Related Tags: Tax