Since the FAIRtax was introduced into Congress in 1999, one thing has remained consistent. Economists from both sides of the aisle have been nearly unanimous in their agreement that a consumption tax like the FAIRtax would be much better for the economy than an income tax.
This week, the FAIRtax Guys examine chapter 11 of the FAIRtax book in which Boortz and Linder look at what happens to the American economy on the day the FAIRtax replaces the income tax. They also take a brief look at chapter 12 which details where opposition to the FAIRtax will come from.