Flat Tax
« Previous EntriesOne Commenter’s Argument Against the Flat Tax
Thursday, August 21st, 2008The posts of this week have led to some very interesting discussions. This is what I love about blogging. Yes, even some of the commenters that I didn’t agree with made some points that made me reconsider my positions. I wanted to highlight one comment left on the What’s the Definition of “Fair” and “Rich?” [...]
WSJ Editorial: Fair Tax, Flawed Tax
Sunday, August 26th, 2007I read an interesting editorial in this weekend’s Wall Street Journal titled Fair Tax, Flawed Tax. I have not read Neal Boortz’s The FairTax Book (affiliate link), which is a book about abolishing the IRS and the income tax and moving to a consumption tax. Boortz calls this a fair tax. In my opinion, it [...]
How About a 4.3% Surtax on the “Rich” to Fix the AMT?
Friday, June 8th, 2007Homework assignment: Read Democrats Seek Formula to Blunt AMT From to the article: House Democrats looking to spare millions of middle-class families from the expensive bite of the alternative minimum tax are considering adding a surcharge of 4 percent or more to the tax bills of the nation’s wealthiest households. Under one version of the [...]
Anyone Read “The Fair Tax?”
Monday, October 30th, 2006All the sudden one of my posts from over a year ago is getting a lot of attention! Over the weekend I noticed that a post I did on the Forbes Flat Tax Plan was receiving some new comments. Most of the comments are from people suggesting something called The Fair Tax Book by Neal [...]
Question of the Day
Thursday, September 7th, 2006It’s been a while since I actually posted a Question of the Day. I would like to get back into the routine because I like the interaction with you, my readers. So, here’s today’s Question of the Day: Do you like the idea of a flat tax? Why or why not? Personally, I like the [...]
Steve Forbes’ Corporate Flat Tax Plan
Friday, September 16th, 2005Beginning on page 66 of Flat Tax Revolution, Forbes maps out his corporate flat tax plan. Here’s the highlights: 1. All profits would be taxed at the rate of 17 percent. 2. Companies could expense all investments – no more depreciation schedules. 3. Corporate loopholes, all of them, would be abolished under the flat tax. [...]
The Steve Forbes Flat Tax Form
Thursday, September 15th, 2005On page 73 of Flat Tax Revolution, Steve Forbes gives and example of what his flat tax form would like. As my example below shows, it is a lot simpler:
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