Comments on EconWeekly: The burden of spending

It is a very interesting blog for the non studied ...

2008-01-06T18:13:57.352-06:00

It is a very interesting blog for the non studied people in economics. I´ll read as frequently as I can in case of any of these issues afects to Spain.
From Spain, a frustrated econocmist wrote!

In response to Ian (1/2/2008)Thanks a lot for leav...

2008-01-03T10:27:51.918-06:00

In response to Ian (1/2/2008)
Thanks a lot for leaving such a long and thoughtful comment.

My post didn't endorse FairTax, just an expenditure tax: "a tax on the difference between income and contributions to savings."

I believe one can simplify the tax code, stimulate saving, and have a progressive tax system, without resorting to FairTax.

To be honest, I don't know how the tax I propose would fare against FairTax, but your comments are illuminating. I'll continue to study FairTax and maybe write a post about it in the future.

Thanks! Please come back to EconWeekly.

Francisco

In response to anonymous on 12/30/07: the scale fo...

2008-01-03T09:53:37.959-06:00

In response to anonymous on 12/30/07: the scale for debt service is on the right axis, not the left.

Sorry it took me a while to respond: I've been away from the internet for a few days.

Thanks for stopping by.

Don't you mean EXCLUDING mortgage interest? Other...

2007-12-30T08:46:23.269-06:00

Don't you mean EXCLUDING mortgage interest? Otherwise, how could debt service be equal to zero as a percentage of disposable income at 2 points on your chart.