Via the AJC (thanks Mark)…
Several dozen people jeered when Giuliani, in response to a question, said he would not be in favor of what they call the fair tax.
“I have to study it some more,” the former New York City mayor said. “I don’t think a fair tax is realistic change for America. Our economy is dependent upon the way our tax system operates.”
Now, I am far from a Fair Tax evangelist, but I’m certainly intrigued by the work done around assessing a complete overhaul of our current tax system. I’ve personally be caught in some of the jettys that our current system contains, and they are repressive and repulsive to say the least.
It’s the “dependent” part of the above quote that scares the crap out of me. Quite frankly, taxes should be as lightweight as possible – and that is not necessarily synonymous with “as low as possible”.