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Flat Tax or Fair Tax?

george293 Wrote: Jan 31, 2013 10:02 AM
The prebate is the key to the system. It levels the playing field for the really poor. The fact that it is given to everyone no matter what their income is allows for the basic necessities in life to not be taxed.

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

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