Sunday, January 06, 2008

Republican Debate: FairTax part 2

Candidates are asked if they think the FairTax is a good idea or a bad idea.

Giuliani: Went off on a tangent about his WorkFare program in NYC. Never answered.

Thompson: Likes certain elements of the FairTax. Fears that we wouldn't get rid of the Income Tax, so that we would end up with both Consumption and Income Taxes. Wants a flatter Income Tax. Said any plan must be revenue-neutral. My question would be Why??? Why not reduce spending?

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