Friday, January 13, 2006

Tax Reform

No major tax-overhaul, be it the "Fair Tax" or the "Flat Tax" will get any traction unless it can solve the Gordian Knot of homeownership and home-affordability. This is most families' major purchase and primary capital-investment; and home-construction and renovation is a major-portion of the US workforce and domestic-product. If you can not explain BOTH the fairness of the system as-impemented...and the fairness of the transition-period...clearly to the understanding of the electorate, the reform is politically-dead.