I only vaguely remember this debate that took place at Furman University, and I never saw this recording until it arrived in my inbox today. I invite fans of both the flat tax and FairTax to watch this debate and let me know your thoughts.
Many of my arguments, by the way, also apply to the debate on the value-added tax. Simply stated, I don’t trust politicians when they claim a VAT won’t be used to increase the overall burden of government.
[...] willing to forego current consumption to finance future prosperity. In an ideal system such as a flat tax or national sales tax, by contrast, there is no tax bias against income that is saved and [...]
Free download here: http://ric.vn/download