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Flat Tax or Fair Tax?

Sean245 Wrote: Jan 31, 2013 11:51 AM

25% yikes! I was thinking 1-2%, it should be based on what the poorest can afford, no exemptions for anyone. Anything over 10% is immoral. This is why we conservatives always loose we propose something we think is reasonable and then have it compromised. What’s the compromise for a 25% tax, 30%? At that rate people will say it’s too much of a burden on the poor and then the debate begins on income thresholds and here we go again. Before you know it we will have deductions, credits, refunds and the whole ugly mess we have now.

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Ned6 Wrote: Jan 31, 2013 3:35 PM

Please read my post at 10:22.

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latebloomer Wrote: Jan 31, 2013 12:00 PM

Q: Why is 10% good enough for God, but not enough for the government?

A: The government has to fix God's mistakes, don't you know.

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Flat Tax or Fair Tax?

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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