Good Name

My roommate Kriston Capps is having some difficulty explaining to his parents why the Fair Tax is not, in fact, fair. I think the talking point you want to hit here has to do with the effects of excluding savings and investment from taxation. Under the fair tax, Paris Hilton's maid winds up paying a bigger proportion of her income in taxes than does Paris Hilton. People who can afford giant mansions aren't going to pay 30 percent on that, people who can afford full-tuition for their kids at fancy private universities aren't going to pay 30 percent on that, people aren't going to pay 30 percent on their European vacations, they're not paying 30 percent on what they pay their maid or their gardner.

But ordinary people are going to see the price of everything they buy at the grocery store go up.

Presented by

Matthew Yglesias is a former writer and editor at The Atlantic.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

A Stop-Motion Tour of New York City

A filmmaker animated hundreds of still photographs to create this Big Apple flip book

Video

The Absurd Psychology of Restaurant Menus

Would people eat healthier if celery was called "cool celery?"

Video

This Japanese Inn Has Been Open For 1,300 Years

It's one of the oldest family businesses in the world.

Video

What Happens Inside a Dying Mind?

Science cannot fully explain near-death experiences.

More in Politics

Just In