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A VERY FLAT INCOME TAX

It appears most sensible to me that we must make evolutionary, not revolutionary, changes to our current disfunctional tax system. 

 

I base my proposed very Flat Income Tax on the currently proposed H.R. 1040 (S. 173 in the last Congress), but would make at least several significant improvements to it, primarily, a 10% tax rate and no deductions or personal exemptions.

 

In my short paper entitled, 3 Flat Taxes, you will be able to review the 3 short proposed laws, i.e., H.R. 1040, S. 173 (the slightly different prior Senate version) and mine. You will find additional references to my Flat Tax in the overview Flat Income Tax vs FairTax slide set, in each State's slide set and also sprinkled throughout other material, all of which can be linked-to from the next (FairTax) page.

 

I hope that when you absorb the materials on this site, you will agree with my assessment and contact your Congressional representatives to ask them to support the Flat Income Tax, H.R. 1040, but with the changes that I recommend, i.e., a 10% tax rate and no deductions or personal exemptions.

 

 

 

 

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