“should a legislator, wishing to impose a new tax, choose that which would be theoretically the most just? By no means. In practice the most unjust may be the best for the masses. Should it at the same time be the least obvious, and apparently the least burdensome, it will be the most easily tolerated. It is for this reason that an indirect tax, however exorbitant it be, will always be accepted by the crowd, because, being paid daily in fractions of a farthing on objects of consumption, it will not interfere with the habits of the crowd, and will pass unperceived. Replace it by a proportional tax on wages or income of any other kind, to be paid in a lump sum, and were this new imposition theoretically ten times less burdensome than the other, it would give rise to unanimous protest. This arises from the fact that a sum relatively high, which will appear immense, and will in consequence strike the imagination, has been substituted for the unperceived fractions of a farthing. The new tax would only appear light had it been saved farthing by farthing, but this economic proceeding involves an amount of foresight of which the masses are incapable.”

“When there is an income tax, the just man will pay more and the unjust less on the same amount of income.”

“The joint committee invited economists of many economic stripes to model what would happen if America switched from the current code to a unified income tax or a consumption tax. Every economist who modeled reported that the consumption tax would increase long-term economic growth.”

“History lesson, folks: The tax system we have today—the one we've come to know and love—began ninety-four years ago as a (drum roll, please) flat tax! The monstrosity you see today is a flat tax on income after nearly a century of very imperfect evolution. At first, only a very small percentage of Americans were asked to pay income tax. In fact, that’s how they sold it to us—as a tax on the rich! Well, that all changed with World War II. The cost of the war effort led to an expansion of those who paid federal income taxes—and we were off to the races. The tax code was flattened again, if you will, in 1986. Since that time it has been amended 16,000 times. We now have more than 67,000 pages of statutes and regulations—which helps explain why, last year, nearly two-thirds of all tax filers had to seek professional help with their tax return.”

“Income tax returns are the most imaginative fiction being written today.”

“[O]ne macroeconomic study of the FairTax—a study that assumed that the employer’s share of the payroll tax is the only tax savings that will be used to lower prices—estimated that prices would rise by 24.8 percent but wages would increase by 27.4 percent, more than compensating for the increase in prices. By these calculations, disposable income is expected to increase by 1.7 percent.”