Tuesday, November 1, 2011

Brief Guide to Flat Tax

Flat tax proposals abolish special breaks for the well-connected elite and put an end to double taxation, a practice that has for years discouraged productive saving and investment behaviors. Under the flat tax plan, all taxpayers would be treated equally, save for a "family-friendly" loophole (the only loophole), which would excuse the poorest families from tax payments they truly cannot afford.

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