The FairTax, or national sales tax, or, as Murray Rothbard described it, the “permission to live” tax. “Libertarian” Gary Johnson says he supports replacing the income tax with a 28 percent national sales tax on goods and services. This is even a higher rate than most Fairtaxers propose. Johnson emphasizes that his plan is “revenue neutral” and “includes incentives for low-income families.” This means that the federal government can still have a $4 trillion budget and the rich can be robbed to subsidize the poor.
I have written many things over the years about the evils of the FairTax and consumption taxes. See, for example:
“Is Making Taxes ‘Fair’ the Answer?”
“There Is No Such Thing As a Fair Tax.”
9:55 am on August 10, 2016 Email Laurence M. Vance
