The first thing we need to do is actually understand what a flat tax is and how it would effect taxpayers. I realize slogans and soundbytes are the norm around here but hopefully we will try and raise the bar and actually research proposals before spouting off something that could fix all our ill's.




http://www.wordwiz72.com/flattax.html

The simplistic "flat tax" idea is once again a topic of hot conversation in political and economic circles. While this interest is largely fueled by a spate of proposals calling themselves a "flat tax" it is important to consider the idea of the flat tax itself apart from the specific proposals, especially since NONE of the "flat tax" proposals currently being considered actually addresses the true theoretical concept of a real flat tax. The proposals are primarily offered as either recommendations for tax simplification (which is an important issue but entirely unrelated to the issue of tax rate structure, as noted later in this commentary) or are not actually flat, as also noted below.

In addition to discussing the problems with the theoretical model of a true flat tax, this commentary will also briefly discuss why current proposals are not real flat tax systems at all and also discuss the important issue of tax simplification and reform