Flat tax? Fair tax? Consumption tax?

posted by
April 18, 2011
Nolan Chart
by Jahfre Fire Eater  
Posted in Commentary

"The problem with tax reform proposals like the flat tax or the fair tax is that they cede authority to the government for specific portions of an individual's productivity. 'But at a lower rate.' comes the rallying cry of the supporters of these proposals. If the only debate is over what rate this extortion is to take place, for now, then the battle is lost. Once the baseline is established the rate will only increase as more spending creates more 'need.'" (04/17/11)



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