A Comment About

Is the Huckabee “Fair Tax” Proposal Really Fair?

January 27, 2008 - 12:00 am - by Tim Worstall
Duane Neighbors
2008-01-27 11:43:30

So now Bartlett has sucked in a Brit. We’ve all learned about him but I guess the word hasn’t “crossed the pond” yet. You attempt to make a big deal about evasion, but have you looked at the evasion we have today? Even the IRS admits there is over $300 billion owed which it will never collect and that’s just the part they know about and are willing to admit. Remember, with today’s system it only takes one person to cheat. Under the FairTax it takes at least two.

For brick and mortar stores in 45 of the states enforcement will be handled by the states, which will receive a stipend for doing the collection. Asking retailers what happens if they do not pay their sales tax the answer is almost universally “they lock the door”.

Your adoration of the VAT is obvious and my guess is that is all you have been exposed to. Just because you and your brothers in the EU do the VAT is not a great recommendation to me, in fact it is incentive to look for another way.