Mises Wire
Author:
Jeffrey A. Tucker
Online Publish Date:
“There’s No Such Thing as a Fair Tax” Dr. Laurence J. Kotlikoff Professor of Economics, Boston University In his Ludwig von Mises Institute December 13, 2005 The need, in the end, to guess what incentives we’re facing further distorts economic choices. The costs of these distortions are significant. Indeed, they may by Vance. Vance suggests that the rate would have to rise over time to adjust for growth in the economy. This is (excuse the pun) off base in that the FairTax tax base