In response to:

Flat Tax or Fair Tax?

Notredamemom Wrote: Jan 31, 2013 11:10 AM
You're right that the flat tax and sales tax are effectively identical, but you're wrong in thinking that the rich shouldn't pay more in order to compensate society for their wealth.
latebloomer Wrote: Jan 31, 2013 11:46 AM
Considering that in a free market economy (even the pale remnant of one we currently have) "the rich" generally get that way by providing things to the society people are willing to pay for, thus improving conditions for all concerned, the idea they must "compensate society for their wealth" amounts to envy.
Sean245 Wrote: Jan 31, 2013 11:42 AM
The rich should compensate society for what, creating jobs, hiring people, or providing growth capital? Are these things now illegal in the U.S.? Should we set up a government run board to monitor and punish success? If anyone should compensate society is should be the poor for taking welfare, housing, food stamps and for not contributing to the GDP and for the high cost of crime in poor neighborhoods.
Hawker 1 Wrote: Jan 31, 2013 11:49 AM
Right could not be said any better. Rich should compensate , what a stupid remark by notre. The wellfare cheats should be over here mowing my lawn.

I’m at Hillsdale College in Michigan for a conference on taxation. The event is called “The Federal Income Tax: A Centenary Consideration,” though I would have called it something like “100 Years of Misery from the IRS.”

I’m glad to be here, both because Hillsdale proudly refuses to take government money (which would mean being ensnared by government rules) and also because I’ve heard superb speeches by scholars such as Amity Shlaes (author of The Forgotten Man, as well as a

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