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<p>[QUOTE=&quot;Cloudsweeper99, post: 1102943, member: 3011&quot;]I took a look at this.&nbsp; Despite the claim that it will resolve every economic ill know to man, it doesn&#039;t look like an improvement.&nbsp; It doesn&#039;t address the two biggest problems: (1) that government is too big - and 23% is a growth-killing rate, and (2) taxes work best when they are designed to have little to no effect on any economic activity.&nbsp; So income taxes are damaging because it penalizes income generation by too great an amount.&nbsp; And a consumption tax will be equally damaging because it penalizes consumption too much.&nbsp; For better or worse, taxes work best when there are small taxes on a large variety of economic transactions so that they don&#039;t change decision making with respect to any one of them.&nbsp; All things considered, a series of tariffs which put the burden on foreign corporations and domestic corporations that invest in plant in other countries is still about the only revenue generator with little effect on the domestic economy.&nbsp; The Fair Tax is another gimmick.[/QUOTE]</p><p><br /></p>

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