It Is Possible to Have a Flat Tax, or to Have Democracy, but Not Both
News Source : Nakedcapitalism.com
News Summary
- A flat tax is yet another flavor of the Grover Norquist scheme to shrink government to be so small it can be drowned in a bathtub
- The US uses tax gimmicks extensively, even for regular taxpayers, as a way to deliver incentives on the cheap
- In the US, there is perilously little risk a flat tax will ever happen
Yves here. Richard Murphy provides an important piece on the motives of the proponents of a flat tax. Quelle surprise! Its yet another flavor of the Grover Norquist scheme to shrink government to be [+9064 chars]