FairTax Podcast with Bruce Bartlett
December 18, 2007
With the recent surge in the polls of Republican presidential candidate Mike Huckabee, the FairTax is a hot topic these days. The FairTax, which would replace the current income, payroll, estate and corporate income taxes with a national retail sales tax, has a large following of grassroots supporters, as well as many members of Congress (Senate and House). There are some academic economists who also favor it. On the other hand, it also has its critics and those who question the claims made by FairTax supporters.
The Tax Foundation recently conducted a podcast interview with one of the FairTax’s biggest critics, Bruce Bartlett. Bartlett, once an adviser to President Reagan, has recently drawn the attention of many in policy circles following the release of his book Impostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy, which is critical of the economic policies of the Bush administration.
Last year, the Tax Foundation conducted a podcast with a FairTax supporter, Laurence Kotlikoff, who is a well-respected public finance economist from Boston University and the leading proponent of the FairTax in academic circles.
For more on the FairTax, both pro and con, here are some recommended articles, as well as a video link to an AEI event held earlier this year on the issue:
General information on the FairTax:
The FairTax Book by Neal Boortz and John Linder (Amazon page)
Legislation from Library of Congress (includes text of legislation, status, CRS Summary, cosponsors, etc.)
The FairTax (description from Fairtax.org)
National Retail Sales Tax (President’s Tax Reform Panel chapter on a NRST)
Articles by Laurence Kotlikoff on the FairTax:
The Case for the FairTax (Kotlikoff op-ed in The Wall Street Journal)
Taxing Sales Under the FairTax: What Rate Works? (article in Tax Analysts discussing issues concerning the FairTax rate)
Articles by Brookings economist Bill Gale on the FairTax (mostly questioning the claims of FairTax supporters regarding required rate):