Earlier this week I traveled to Washington to testify before the House Ways and Means Committee about the FairTax—which would do far more to stimulate the economy and get jobs back than continuing to spend trillions redistributing wealth.

The FairTax would eliminate all taxes on income, savings, dividends, capital gains, and inheritance and every worker would get his or her entire paycheck—nothing taken out of it. Tax would be collected at the point of retail sale or consumption. It would make manufacturing competitive to bring jobs back, and empower people at the bottom of the economy rather than punish them for doing better.

My thanks to Ways and Means Chairman Congressman Dave Camp of Michigan, for giving a forum to a discussion of the FairTax. Of course some of the members of Congress used their time not to ask question on the merits of the fair tax, but to pontificate on the politics of the debt ceiling. I was tempted to ask some of them who voted against increasing the debt ceiling when GW Bush was President why it’s now so crucial this time….I’d love to ask the President himself that question….but I minded my manners and didn’t say something that I’d regret.

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