Tag Archives: the economist

“There are plenty of good reasons to oppose this plan, but none to misrepresent it.”

December 10, 2007 – 8:00 am

Embarrassingly, we have now failed twice to describe accurately the Fair Tax plan endorsed by Mike Huckabee. This would abolish all federal income and payroll-based taxes and replace them with a national sales tax of 23%. To ease the pain of higher prices, all Americans, even Bill Gates, would receive an annual “prebate” determined only [...]

By Craig Silverman | Posted in Magazines | Also tagged | Comments (0)