#glovesoff (2nd ΒΆ)
'Monumentally stupid': Reagan adviser shreds GOP over IRS plan - Raw Story
Bartlett has been warning about the problems with the FairTax plan for years. In 2005, he published a lengthy paper deconstructing how impossible it would be to enforce, how the tax revenues could never fund the modern federal government as we know it, how it would depress wages for workers, and how the whole scheme is probably unconstitutional. He reiterated many of these issues in a Wall Street Journal editorial two years later.
FairTax has next to no chance of passing the Senate even if it passes the House. However, President Joe Biden is already set to blast House Republicans over the proposal in his upcoming economic policy speech, accusing them of moving to raise prices for groceries and other essentials for families at a time when the country is already recovering from the worst inflation in 40 years
