View Poll Results: Would you support a flat tax system instead of our current progressive one?

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    38 54.29%
  • No

    23 32.86%
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Thread: Flat tax or progressive tax? Which do you prefer?

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    Flat tax or progressive tax? Which do you prefer?

    I'm no expert, but from everything I've read, a flat tax system seems fair, and should not adversly affect tax revenue.

    Economic Advantages of a Flat Tax
    Flat Tax Revenues
    A flat tax would seem to lower tax revenues for the government under a superficial analysis, but deeper look reveals several positive possibilities.

    The economy-wide increase in production and consumption, as well as the increased productivity of individuals, can lead to higher economy-wide income, resulting in an increase in the overall tax-base. Tax evasion and avoidance would become less profitable, decreasing the number of people who do not pay their taxes, and it would no longer be possible to manipulate the deductions in the tax code to completely negate the tax burden of high-income individuals.

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    Re: Flat tax or progressive tax? Which do you prefer?

    yes, a flat tax removes lots of extra-constitutional congressional power and prevents the buying of votes by promising the middle class that they can have more and more government goodies that only the rich will have to pay for



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    Re: Flat tax or progressive tax? Which do you prefer?

    In an effort to offer another reading of this, I present this analysis:

    Among the various proposals, the flat tax in particular has gained a following, probably because it purports to use tax reform to change politics as well as the economy. As we will see, its advocates claim too much. In fact, their analysis of the current tax system is often wrong.

    PPI: Why Fairness Matters: Progressive Versus Flat Taxes by Robert J. Shapiro

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    Re: Flat tax or progressive tax? Which do you prefer?

    Quote Originally Posted by Boo Radley View Post
    In an effort to offer another reading of this, I present this analysis:

    Among the various proposals, the flat tax in particular has gained a following, probably because it purports to use tax reform to change politics as well as the economy. As we will see, its advocates claim too much. In fact, their analysis of the current tax system is often wrong.

    PPI: Why Fairness Matters: Progressive Versus Flat Taxes by Robert J. Shapiro
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    Re: Flat tax or progressive tax? Which do you prefer?

    Boo... interesting read.

    Did you check out this part of my link? I'm still going over it myself, but it's pretty interesting.


    Flat Tax and Economic Growth
    According to a study by the National Center for Policy Analysis (NCPA),"The Economic Effects of a Flat Tax," industrial investment is not structured to favor the most competitive and attractive industries under a progressive tax. Due to subsidies and unequal treatment of diverse industries, it can be more profitable to invest in low-growth or low-profit sectors. The study proposes that a flat tax redistributes investment away from highly subsidized industries, such as farming, towards more competitive industries, such as manufacturing. This can have the effect of increasing production in nearly every industry.

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    Re: Flat tax or progressive tax? Which do you prefer?

    Flat is more "fair", it reduces government bureaucracy, and it is definitely less complicated.

    Success shouldn't carry a monetary punishment.

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    Re: Flat tax or progressive tax? Which do you prefer?

    Adam Smith, who wrote in The Wealth of Nations:
    The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.

    Progressive tax - Wikipedia, the free encyclopedia



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    Re: Flat tax or progressive tax? Which do you prefer?

    Quote Originally Posted by Boo Radley View Post
    In an effort to offer another reading of this, I present this analysis:

    Among the various proposals, the flat tax in particular has gained a following, probably because it purports to use tax reform to change politics as well as the economy. As we will see, its advocates claim too much. In fact, their analysis of the current tax system is often wrong.

    PPI: Why Fairness Matters: Progressive Versus Flat Taxes by Robert J. Shapiro
    Any thoughts on how the 47% of the income earners that don't pay Federal Income taxes are going to vote? I support the flat tax and collecting something from everyone. Why aren't you supporting a reduction in Federal Income taxes so that local state government's can get that revenue for use in solving social issues?

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    Re: Flat tax or progressive tax? Which do you prefer?

    Quote Originally Posted by pbrauer View Post
    Adam Smith, who wrote in The Wealth of Nations:
    The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.

    Progressive tax - Wikipedia, the free encyclopedia

    As long as that contribution is 'voluntary', and not 'legally mandated', I agree. It should be (and usually is) my personal choice to help others either financially, physically, spiritually or emotionally. It should not be 'required by law' that I do so.

    Helping others is a moral issue, and we as a country generally fail when we try to legislate morallity.

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    Re: Flat tax or progressive tax? Which do you prefer?

    I support a flat tax, it's the most fair. Rich people shouldn't have to pay a higher percentage simply because they have more.
    When the debate is lost, slander becomes the tool of the loser. -Socrates
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