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04/25/2012

Comments

J. Hohn

Indeed, Matthew. Valid questions on all points.

In partial defense of Hankins, the engagement in a serious discussion on this is probably something he has very little time for presently, with THE Tuesday being next Tuesday.

But I find the plan lacks credibility because the argument is weak or poorly made. If Hankins had some kind of personal credibility, it would help. But simply being an unemployed real estate "investor" hardly qualifies him.

In the end, his occupation would not disqualify a very strong argument any more than a college professor making a weak argument is still weak.

Hankins's plan is deeply flawed, but only slightly less than the case made for it.

Matthew Ketron

The consumption-based portion of the tax plan is great, but has already been proposed via the Fair Tax (which has a good deal of support). However, the inflation portion of the tax plan is as ill-conceived of a policy as they come. The plan takes a very linear approach to economics and uses false assumptions (ie. the cause of inflation and its effects on the economy).

I posted the following questions which were promptly deleted and replaced with the typical, general comments:

"Who exactly in Washington is scared? Isn't this already being done with the Fair Tax? What exactly are these loopholes?

Also, wouldn't the tax on inflation force our financial services industry (our economy's engine of growth) out of operation? I mean, foreign banks won't have to push this new tax onto their consumers like U.S. banks would.

What happens if we import cheaper goods and can buy more with our currency. Will the banks foot this bill too?

What are your purposed metrics for inflation?

Does this sound reasonable?"

Bottom line: The unwillingness to engage in intelligent discussion is alarming and leaves me questioning the plan's credibility.

J. Hohn

To the "facebook user": I've never met Hankins, but I am suspicious of what I have seen so far. I found some articles from 2008 and 2010 showing lots of of unresolved questions about Hankins.

I'm really curious how, with no land to own and no employment to speak of, he is able to get by. Unfortunately, those who tend to run for office are those who have the time to do so.

A Facebook User

Thank you for revealing the REAL truth about Travis Hankins. On his website he states that he is even going into credit card debt personally while he is running for congress. That 170k plus salary would be a big "bailout" for him.

He also says he is a real estate investor, but doesn't own one single piece of property.

From everything that I read, he is a talking head, with no REAL principles or experience to guide him if he gets elected to Washington.

Llhjunk

Holy cow! I can see why he wouldn't want your analysis on his FB page especially if he can't or won't take the intellectual time to refute it. Why can't politicians understand that for every action they wish to initiate, there will be a reaction?

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