Romney Beats Back The ‘Fair Tax’

Romney’s the grown up in the room on the subject of the ‘Fair Tax’ (or ‘consumption tax’) as he calls it. He gives a detailed technocratic answer which first lays out some of its benefits due to WTO rules… but then slams it for raising the burden on the poorest, and lowering it on the richest. The room reacts with a kind of baffled silence, and one or two boos.