“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas

Wednesday, May 25, 2011

The argument for a national flat tax

From Dan Mitchell over at International Liberty, have a look at this graphic representation of the absurd complexity of the ever expanding US tax code.....

Despicably corrupt politicians use the labyrinthine complexity of the tax code to reward favored interest groups and punish political adversaries, as well as a bludgeon to compel Americans to bend to their will in terms of our economic behavior. It is high time politicians give up the power they wield over our lives by simplifying the tax code so that everybody can understand it and so that everybody pays their fair share and nobody has loopholes through which they cheat other taxpayers. A flat tax would accomplish this. It works famously well in other countries. It would work here too. Here's a short video explaining the merits of a national flat income tax....

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