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The Flat Tax fantasy

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In the wake of the recent IRS scandal, some well-intentioned but badly misguided people have begun touting the flat income tax (called the flat tax for shorthand) as a replacement for the current tax code. They claim it would be an antidote to the IRS’s abuses and curb that agency’s powers while also supercharging America’s economy. But they are dead ...

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Ted Cruz: Abolish IRS and move to a simple flat tax

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The now infamous Ted Cruz statement on the abolition of the IRS, and introduction of a flat tax system raises at least a couple important issues. While many fiscal conservatives are undoubtedly salivating over the possibility of making this dream come true, the problem still lies in the concept of whittling down government in an environment where both sides of ...

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