Miracle Max
2008-03-02 13:30:22
Jed — Really.
Tom K — For transparency of sales taxes, the state sales taxes are not confidence-inspiring. In addition, there are hairy issues with the FairTax about how to deal with financial services, among other things.
The main beefs among economists is that there is no precedent for a sales tax at 20% or so of GDP, and it’s expected that enforcement would be a much bigger problem.
