KMA-628

I like the flat tax idea, but you will hear a lot of screaming over the children part. People without children already bitch about having to pay for public school when they don't have kids, imagine how much they will scream when there is another benefit they don't get because they aren't procreating.

Keep in mind that the concept of a flat tax is to deal with spending, not income. Deductions, benefits, etc should be based on amount of spending, not how much a person makes. Mainly because, one of the reasons to go with a flat tax over an income tax is that, hypothetically, a flat tax encourages saving (something our economy is sorely lacking in) whereas income taxation doesn't.

I see your point, but the "non-rich" benefit greatly from deducting interest rates.

In many cases, the deduction from their mortgage interest rates is the only reason they get a return and don't have to pay.

That kinda is one of the concepts behind a flat tax. However, they problem is in spending.

If you can't control gov't spending, no amount appropriated to debt will help, as the debt will just continue to increase beyond revenue.

You might be interested in this: Awhile back I was reading an article about flat taxes currently in use. Estonia has one that has worked so well that they are now in the process of lowering the flat tax rate. They have seen tremendous growth in revenue since changing their taxation system. Not that Estonia itself is a great example, but it was interesting to read about their success. I will look for the article later and post it if I can find it.

This is where you won't find any friends among the flat tax proponents.

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