- Contrary to "one assertion," the tax did not begin "as a project of the Church of Scientology at a time when it was seeking tax-exempt status." Rather, "a handful of business leaders" researched the market for over ten years.
- The tax will "remove significant price disadvantages suffered by American producers competing with tax-free imports." That would be something nice to see.
- Also, "it would not hit the poorest Americans the hardest" because it "calls for sending every American a 'prebate' check to offset the cost of the national sales taxes by those living in poverty." Admittedly, this does remind me of a previous editorial complaint that getting the proposal passed has about as much chance as Christmas more than once a year. Not to mention tracking every American down to sent the check. Problems: the homeless and those who are census jumpers (haven't heard of any so far, but you never know!).
- The rate is 23% when calculated "inclusively, as are income tax rates." However, it is closer to 30% if one calculates it like a retail tax. Makes you want to brush up on your algebra, doesn't it...
- Here's real cause for rejoicing: "The FairTax eliminates all loopholes, gimmicks, exemptions and deductions from the federal tax system...It's no surprise, then, to see that vested interests have argued against the FairTax..."
Update: Three mutually contradictory follow-up letters to the editor may be found here (subscription required, as usual).