Here is an article explaining the Fair Tax. Accountants have been all too silent on tax issues. It does not appear that Huckabee, the only candidate embracing the idea, is getting a lot of traction but at least he has floated the idea. Do you think the current tax sytem is a good idea?
We report you decide…..I would agree with Walter Williams that I would not think any alternative to the current system would work unless we replealed the Constitutional Amendemt which made the Income Tax legal. Otherwise we will end up with two tax systems.
Professor Elam 
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