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Old 08-22-2005, 10:55 AM
VJW VJW is offline
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Default Re: Flat Tax Positives & Negatives

Quote:
Originally Posted by Bruce Wayne
Positives: ... potentially producing greater income
It’s been well documented by the U.S. Treasury that it would garner far LESS revenue, not to mention that the two professors who were the ORIGINATORS of the so-called “Flat Tax” have stated from the getgo that it would garner far LESS revenue.

You’re falling for the hype.



Quote:
greater incentive to earn your own money
What incentive ?



Quote:
Alot of countries have tried flat tax and it has worked very well for them with both national income and government income rising. Have a look at Russia for an example.
Non-industrialized countries.

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