Fair Tax, Flawed Tax - Bruce Bartlett on the attack against the FairTax plan. If northing else, it’s good to see this as an openly discussed issue in the lead-up to the presidential election.  I’m sure we’ll hear and see the rebuttal to Mr. Bartlett’s comments from Neal Boortz before long, especially this item, which I had never heard before, and suspect is bogus:

It was originally devised by the Church of Scientology in the early 1990s as a way to get rid of the Internal Revenue Service, with which the church was then at war (at the time the IRS refused to recognize it as a legitimate religion). The Scientologists' idea was that since almost all states have sales taxes, replacing federal taxes with the same sort of tax would allow them to collect the federal government's revenue and thereby get rid of their hated enemy, the IRS.

[Update]  Neal Boortz actually posted his response to the Scientology accusation in a rare Sunday posting to his blog. 

SCIENTOLOGY?  ARE YOU KIDDING ME?

Frankly, it looks to me like some K Street opponent of the FairTax got to Bartlett, and Bartlett, or one of his researchers, simply failed in their due diligence. It takes no time at all on the Internet to debunk this absurd notion.  My guess is that Bartlett will be issuing an apology to Leo Linbek, Bob McNair, John Linder, Americans for Fair Taxation and hundreds of thousands of FairTax volunteers before too many day pass.

You're asking me if I will address this on Monday's show?  Absolutely.  See you there.

 
This should be interesting.  I must have missed the vocal support of the FairTax plan by such A-List Hollywood celebrities as Tom Cruise and John Travolta. 

Labels: FairTax

- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 8/26/2007 03:27:00 PM Send this post: