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« The Essence of John Kerry | Main | Kerry Campaign Poster #2 » March 26, 2004"Fair Tax" NewsHere's more on the "Fair Tax" prosal that I mentioned in a post yesterday about Georgia congressional candidate Robert Lamutt. In a preview of the GOP agenda after the fall election, House Majority Leader Tom DeLay, R-Texas, says they are determined to repeal the federal income tax. Long an advocate of a national sales tax, a confident DeLay told a conference of tax lobbyists Wednesday that House Republicans will have hearings and push the issue in 2005 and 2006. Posted in Campaign Season
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This is an awfully interesting proposal but I must point out that as long as the Constitution allows an income tax, we'll probably never be rid of it. Even if DeLay accomplished this--which seems doubtful--all that would likely happen is we would get a national sales tax, but also an income tax on top of it. Posted by: Dean Esmay at March 26, 2004 11:03 AMThe one thing I have to say in favor of a national sales tax is that it would bring in the underground economy. Posted by: Sandy P. at March 26, 2004 09:41 PMPost a comment
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