In response to:

Flat Tax or Fair Tax?

Robert58 Wrote: Jan 31, 2013 9:21 AM
For the record, I'm not for any tax on individual citizens. However, since that is not part of this discussion I'll just let it be. If forced to make a decision between flat and fair taxes, I believe the fair tax to be far more equitable and less intrusive upon my life. Regarding this conversation I must admit that I find it not only fascinating, but quite amusing how we all discuss this as though any of us actually believe Washington is going to change anything. Other than to add several thousand more pages to the existing code that is. But, I guess we can dream, can't we?
Ned6 Wrote: Jan 31, 2013 4:29 PM
If constituents can all agree on a course of action, legislators will follow. A choice must be made between FairTax, Flat Tax, and VAT. Once agreement is reached, there must be some way to make them progressive. If that progressivity can be used to limit government spending on entitlements and means-tested programs, than we've really got a plan people can support.

Robert58 Wrote: Jan 31, 2013 10:05 AM
And let us not forget the one uncontrolled variable which will wind up screwing us all should one of these two taxes emerge as reality. There is nothing which will stop the individual states from doing to us exactally what they please whenever they please. And, believe me... they will please. Early and often.

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

Related Tags: Tax