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10/27/11
Flat tax insults intelligence
Flat-tax proposals: Too simple to work? [Most commented] - latimes.com: "Making the flat tax an option, as Gingrich and Perry favor, is a worst-of-both-worlds approach. It wouldn't reduce taxpayers' paperwork and expenses; they'd still need to calculate how much they'd owe under the current system to see whether they would pay less with the flat tax. Instead, it would let lower-income taxpayers and the elderly hold onto the valuable tax breaks that the flat tax would eliminate, while letting higher incomes take advantage of the flat tax's lower rates. In other words, it's status quo for those with lower incomes, but a boon to the wealthy."
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