Less stimulating economic stimulus

No, I haven't gotten that check, but I did get the direct deposit of my whopping $10 federal tax refund!! (I had to pay the state.) Why, thank you Uncle Sam for rewarding my hard work so... shall I buy a roll of laundry quarters, or a gyro plate at Firehouse?

This is the time of year I start lusting for Steve Forbes again: Flat tax!! FLAT TAX!!! And as far as the black hole where my tax money goes... cut those useless wasteful programs!! Reduce spending!! Chop, chop, chop...

No, I haven't gotten that check, but I did get the direct deposit of my whopping $10 federal tax refund!! (I had to pay the state.) Why, thank you Uncle Sam for rewarding my hard work so... shall I buy a roll of laundry quarters, or a gyro plate at Firehouse?

This is the time of year I start lusting for Steve Forbes again: Flat tax!! FLAT TAX!!! And as far as the black hole where my tax money goes... cut those useless wasteful programs!! Reduce spending!! Chop, chop, chop...

Comments

[Scott Sheffield]

Although a flat tax is preferred over what we now have I still like the Fair Tax. The one HUGE difference between the two approaches is that the Flat tax still taxes income where the Fair Tax taxes spending. We need a system that does not punish you for making money. We also need a system that moves us from being net debtors to savers. The Fair Tax accomplishes both, the Flat tax accomplishes neither.

[robbcash]

While the fair tax might be better, a flat tax or flatter tax is more likely. The other problem with the Fair Tax is it necessitates the repeal of a constitutional amendment, which I don't have a problem with, but Congress might.