Tax Policy Center

Tax Policy Center1 post
24 May, 2015

Tax plans criticized


Officials at the Tax Policy Center criticize Huckabee after he says that the fair tax plan benefits the bottom third of the economy the most.

In fact, it’s the bottom third of the economy who benefit the most from the FairTax, and the people at the top third who benefit the least Everybody benefits some. That tax study is one that has been discredited by the people who spent over $20 million, very thoughtful economic study developing the FairTax. It’s not just some political idea….

The Tax Policy center criticizes the plan:

He has the distributional benefits backwards. The notion that a tax on consumption will help the poor and hurt the rich is contrary to just about everything that is known about rich/poor spending and income habits, not just our model.

Do you love news? Help us add and summarize the world's news. Find out more