Almost exactly 20 years ago, Steven Forbes started talking about flat tax. Two decades later, the flat tax is again the rage in a presidential primary. A number of GOP candidates, including Rand Paul, Rick Perry, Ted Cruz and Scott Walker, are looking to go flat with a radically simplified postcard tax return. Mike Huckabee wants a low flat-rate tax too, but he would use a sales tax, not an income tax
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Almost
exactly 20 years ago, Steven Forbes started talking about flat tax. Two
decades later, the flat tax is again the rage in a presidential
primary. A number of GOP candidates, including Rand Paul, Rick Perry,
Ted Cruz and Scott Walker, are looking to go flat with a radically
simplified postcard tax return. Mike Huckabee wants a low flat-rate tax
too, but he would use a sales tax, not an income tax - See more at:
http://www.ncpa.org/sub/dpd/index.php?Article_ID=25609&utm_source=newsletter&utm_medium=email&utm_campaign=DPD#sthash.gR5HlwnH.dpuf
Flat Tax is a Fair Tax
April 29, 2015
Almost
exactly 20 years ago, Steven Forbes started talking about flat tax. Two
decades later, the flat tax is again the rage in a presidential
primary. A number of GOP candidates, including Rand Paul, Rick Perry,
Ted Cruz and Scott Walker, are looking to go flat with a radically
simplified postcard tax return. Mike Huckabee wants a low flat-rate tax
too, but he would use a sales tax, not an income tax.
The new Republican Party has been baptized in the iron logic of the Laffer Curve. High tax rates stifle innovation, work, investment and American competitiveness. The United States' absurdly high corporate tax rate (40 percent on average) is incontrovertibly sending jobs and corporations abroad, where rates are typically much lower. Just ask Burger King, one of the latest iconic American companies to flee to a lower-tax competitor.
The new Republican Party has been baptized in the iron logic of the Laffer Curve. High tax rates stifle innovation, work, investment and American competitiveness. The United States' absurdly high corporate tax rate (40 percent on average) is incontrovertibly sending jobs and corporations abroad, where rates are typically much lower. Just ask Burger King, one of the latest iconic American companies to flee to a lower-tax competitor.
Flat Tax is a Fair Tax
April 29, 2015
Almost
exactly 20 years ago, Steven Forbes started talking about flat tax. Two
decades later, the flat tax is again the rage in a presidential
primary. A number of GOP candidates, including Rand Paul, Rick Perry,
Ted Cruz and Scott Walker, are looking to go flat with a radically
simplified postcard tax return. Mike Huckabee wants a low flat-rate tax
too, but he would use a sales tax, not an income tax.
The new Republican Party has been baptized in the iron logic of the Laffer Curve. High tax rates stifle innovation, work, investment and American competitiveness. The United States' absurdly high corporate tax rate (40 percent on average) is incontrovertibly sending jobs and corporations abroad, where rates are typically much lower. Just ask Burger King, one of the latest iconic American companies to flee to a lower-tax competitor.
The new Republican Party has been baptized in the iron logic of the Laffer Curve. High tax rates stifle innovation, work, investment and American competitiveness. The United States' absurdly high corporate tax rate (40 percent on average) is incontrovertibly sending jobs and corporations abroad, where rates are typically much lower. Just ask Burger King, one of the latest iconic American companies to flee to a lower-tax competitor.
2 comments:
Of course, compared to the USA, NZ already has a "radically simplified postcard tax return"
Get rid of income tax and all will be well. It is a recent and destructive incursion into freedom. A man is worth his day's wage - all of it. We got along fine on duties and sales taxes for a long time but when govt's started pilfering wages directly it was a dark day that people way back then saw as a dangerous road to abuse. That initial concern was at tax rates we would think trivial today.
3:16
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