Reply #2: fair tax [View All]

[enid602]

I'm not wild about the fair tax, but I might be in favor of a temporary 1% increase in all municipal sales taxes which (combined with a rollback of Bush's tax cuts) would serve to pay down our crippling debt, and act as an act of good faith to show the world that our days of financial recklessness are over. This might also help us control our further debt costs (interest on T-bills).