WHO DEVISED THIS FAIRTAX ANYWAY?

I received an e-mail today from a fellow FairTax advocate. She said she and her husband had lunch the other day with some friends who have been reading The FairTax Book, by Neal Boortz and Sen. John Linder. The lady read the book and immediately went into http://www.fairtax.org and signed the petition, showing her support. Her husband read the book and immediately asked who, exactly, were the leading economists who had helped devise the FairTax. Well, some people just need more information than others.

I have been searching through the FairTax website and the book and I cannot come up with any specific names. What I did come up with is this:

The FairTax was developed many years ago. It is a product of more than $20 million of advanced economic research and studies from various universities. They have also sought input from regular citizens as to their preferences for the best possible national tax system. They compared the flat tax, the VAT and the consumption tax and came to the conclusion that the FairTax would raise the same amount of revenue as the current income tax system, but in a less intrusive, abusive and expensive manner.

I will be sending this blog on to the Americans for FairTax Organization (www.fairtax.org) to see if they can provide some specifics on the researchers. Check back in a day or two for an answer.