Fellow tax prof Jim Maule also does a take-down on John Huntsman's ridiculous "workers pay all; rich folks pay nothing" tax plan and his even more ridiculous arguments in favor of said plan. He hits many of the same points that I did in my earlier posts (John Huntsman's Tax Proposals, More on John Huntsman's Tax Proposals, John Huntsman's Wall Street Journal Op-Ed--Warmed Over Reaganomics), but provides some good examples for those who need walking through the way basis works. Maule's title says it all: You know the election season has started when the tax talk gets even dumber, MauledAgain, Sept. 5, 2011.
[edited to add links to earlier ataxingmatter posts]
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