The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: FairTax Date:  9/29/2012  9:15 AM
Author:  bacon Number:  116717 of 129658

...without some provable or even rationally arguable basis for deciding where the peak is....

I suggest, also, that the peak would shift as the economy evolves. The peak likely would have been in a different location in the far more agrarian economy of the early 20th century when the 16th Amendment was passed than it would be today in our far more urbanized economy (and, yes, that's also along a different dimension, too).

Eric Hines
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us