Proponents call it the "Fair Tax."
But just how fair would it be to replace all federal taxes with a 23% sales tax?
Two Tea Party activists in favor of the idea... plus an economist who studies government policy... share their views.
Guests:
G. Douglas Larsen, M.D. - Chair of the Rockbridge Area Tea Party.
J. Barkley Rosser, Jr. Ph.D. - Author of numerous books on economics, including Complex Evolutionary Dynamics in Urban-Regional and Ecological Economic Systems: Beyond Catastrophe and Chaos [Springer, 2011]. Professor of Economics and the Kirby L. Cramer, Jr. Professor of Business Administration at James Madison University.
Albert S. Tucker III - Executive Committee Member - Rockbridge Area Tea Party.