Regarding The Fair Tax

I may have lost part of my mind, but, thank God I still have a wife. Ginny reminded me that, in The Fair Tax piece, I forgot to mention that the economists have calculated the 23% rate as exactly revenue neutral. In other words, the 23% Fair Tax would generate the same income as all those other federal taxes that will be eliminated combined. Naturally, the percentage would be revisited as part of the federal legislative process, just as all the other tax rates are now.