Monday, October 25, 2010

Improving The Flat Tax Plan

Opponents of the Flat Tax plan (mainly those who advocate the FairTax) say that it has been done before and that’s how we got the Progressive tax system we have now. That is true but there is a way to keep that from happening again.

What Congress needs to do is once they propose a flat tax--like the one that Steve Forbes proposed--is to state in the bill that it can never ever be progressive. That is you tax everyone at the same rate.  If you raise the tax rate you raise it on everyone equally. I dare Congress to raise the tax rate to 40% on the middle and lower classes and justify it with a straight face. Then again the Progressives would say the taxpayers have to sacrifice. When does Congress ever make sacrifices? Hardly ever.

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