Posted on 02/17/2010 6:57:05 AM PST by Tennessean4Bush
I read that in National Review or some similar mag back in the 1990s when Clintoon was in office. It’s what allows them to pretend they are fiscally responsible while spending more each year than they did the past year. Unfortunately it occurs with the Dems or Pubbies in power.
If I remember correctly, there were people among the authors of the famous Federalist Papers who said that the best means of taxation is taxation by consumption, not taxation of income. Maybe it's time switch to a taxation system that encourages Americans to save and invest in the USA--a goal of FairTax itself.
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