LP Lieutenant Governor candidate Allen Buckley has written a book slamming the Fair Tax:
ATLANTA, Oct. 6 /PRNewswire/ — A book titled “Why the Fair Tax is a Sham” has been published by Allen Buckley.
The book explains why the Fair Tax proposal, championed by Congressman John Linder of Georgia and radio talk show host Neal Boortz, would not work from a financial perspective. Also, deceptions and inaccuracies of The Fair Tax Book are identified and discussed.
The press release goes on:
Pros and cons of the Fair Tax proposal are covered in Mr. Buckley’s book. Buckley said: “The significant ‘pro’ of the Fair Tax proposal is that it is relatively simple compared to the current system, and that simplicity would reduce costs to businesses and consumers. However, the numbers simply do not work. If the rate is raised so that numbers work, then the financial burden on the middle class and retirees is substantially greater than the burden of the current system.”
I had always assumed many Libertarians favored the Fair Tax as a way to eliminate the IRS and it’s intrusion into our lives. Is my assumption correct? Perhaps some of my Libertarian friends could enlighten me.
I can’t see this as a winning issue for Buckley. Boortz, Linder and their proposal are all fairly popular (no pun intended) in Georgia.