This is an off the top of the head rant so please bear with me. Th other day I was listening to a right wing nutjob hawk the proposed Fair Tax Initiative. The suggestion is that we do away with federal income tax and institute a 23% national sales tax in it's place. Every purchase would be taxed without exception, food, medicne, cars, all of it. This would supposedly stimulate the economy to no end. The nutjob on the radio repeatedly stated that the economy would grow 10% in just the first year. I'm calling BS on that just because the right hasn't been correct about anything in at least 7 years.
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