Diary

The Flat Tax

Dan Mitchell from CATO sent me the video below explaining how a flat tax works:I’m a big fan of the flat tax idea. It would not take a constitutional amendment like the fair tax, which I don’t think will ever happen. It has also been successfully deployed in a number of rapidly growing countries. No offense intended to the Fair Tax crowd, but I think we are more likely to get a flat tax than the Fair Tax and part of me thinks we should go in the direction of a flat tax to even be able to consider getting to the Fair Tax.