“Because consumption comes from three sources: income, savings, and borrowings. Stating the obvious, income comes only from income. Our point? FairTax opponents will tell you that the consumption base, the base for national sales tax, isn’t stable and can’t be… — Neal Boortz Copy Share Image
A lot of our sources for income-inequality measures come from household surveys in which people report how much they earned in the last year, how much income they have, and so on. Those are not as well funded as they… — Angus Deaton Copy Share Image
