Comments on: Fairtax Response, Part 1. – Grim https://bartblog.bartcop.com/?p=815 The Blog of BartCop.com Wed, 14 Nov 2012 04:36:18 +0000 hourly 1 http://wordpress.org/?v=3.9 By: Ian https://bartblog.bartcop.com/?p=815&cpage=1#comment-5199 Wed, 05 Sep 2007 03:27:55 +0000 http://bartblog.bartcop.com/2007/09/03/fairtax-response-part-1-grim/#comment-5199 Good schtuff, Grim. Keep it coming.

]]> By: grimgold https://bartblog.bartcop.com/?p=815&cpage=1#comment-5191 Tue, 04 Sep 2007 16:59:35 +0000 http://bartblog.bartcop.com/2007/09/03/fairtax-response-part-1-grim/#comment-5191 Volt, you are expressing European style cynicism. No matter how grumpy you may be about it, the free market works. Our nation is a shining example of that. I’m saying we can improve, and the FairTax is one excellent idea in that reguard.
The criticism expressed was that the poor would be worse off, not that you’d receive free money.
I have answered that criticism.
Grim

]]> By: Volt https://bartblog.bartcop.com/?p=815&cpage=1#comment-5189 Tue, 04 Sep 2007 15:38:17 +0000 http://bartblog.bartcop.com/2007/09/03/fairtax-response-part-1-grim/#comment-5189 Your first argument seems to be that the magical free market will leave a 25-30 percent pay increase under everyone’s pillow, Grimmy.

Or, do we have to put up a FairTax tree to find our presents from supply-side Santa on Fair Tax morning?

Better try again.

-Volt-

]]> By: grimgold https://bartblog.bartcop.com/?p=815&cpage=1#comment-5188 Tue, 04 Sep 2007 14:49:03 +0000 http://bartblog.bartcop.com/2007/09/03/fairtax-response-part-1-grim/#comment-5188 Harry, thanks for the passionate response.
The FairTax may not work as well in practice as in theory (Fairyland).
However, I think it’s far and away an improvement over what we now have. I fear, however, what congress will do to it if they get their hands on it… But this doesn’t give me much pause. I really think this is an idea whose time has come and is very exciting. Part 2 later on today – which is more of the same.
Please go into Barnes and Noble, pick up a copy of the book, and thumb thru it.
Grimgold

]]> By: Harry Vellum https://bartblog.bartcop.com/?p=815&cpage=1#comment-5184 Tue, 04 Sep 2007 02:43:52 +0000 http://bartblog.bartcop.com/2007/09/03/fairtax-response-part-1-grim/#comment-5184 Are you sure it’s “FairTax” and not “FairyTax”? Because this sounds like a nothing more than a fleeting fantasy to me, a la Tinkerbell and Peter Pan. One big clue: the phrase “the competitive forces of the free market [will] work their magic, as they always do.” Except that this is not Neverland, there is no such thing as magic, and they DON’T always do! (Otherwise, why would the field of economics include a concept known as market failure?)

I know you started in the middle of the book, Grim, and I have not read it myself, but are you sure it doesn’t begin with the phrase, “Once upon a time…”?

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