The flat tax is not flat and the FairTax is not fair

posted by
May 19, 2011
by Laurence M. Vance  
Posted in Commentary

"Two specific tax reform plans that many conservatives and some libertarians have fallen for are the Flat Tax and the FairTax. Both plans promise to invigorate the economy, increase employment, and raise everyone's standard of living. But neither one is true to its name, and neither one is an incremental step toward lower overall taxes. Both are fraught with problems and contradictions, and both are revenue-neutral plans that would fund the federal government at the same obscene level that it is now." (05/19/11)  


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