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Flat Tax or Fair Tax?

george293 Wrote: Jan 31, 2013 10:05 AM
That is one of the very nice features of the fair tax - it rewards frugality. Basically only the rich will pay the loin's share of the taxes, the way it should be.

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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