Posts tagged as:

flat-tax

Gingrich, Perry Float ‘Simple’ Tax Proposals

13 December 2011

In recent days, both front-runner Newt Gingrich and Texas Governor Rick Perry have touted their respective “optional flat tax” plans as an easy solution to a complicated tax system. Under both plans, taxpayers would have the option of filing under the existing Tax Code or filing with a flat tax rate (Perry has suggested 20% [...]

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Is the Flat Tax a Good Idea?

3 November 2011

I was asked to write an Op-Ed piece for US News & World Report that answered the question: Is the Flat Tax a Good Idea? Many of you have emailed me to ask similar questions so I thought I’d pass along the link for your perusal. You can check out the story here. Enjoy. And [...]

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Perry Hints At ‘Simple’ Flat Tax

19 October 2011

Martin Scorsese once said about his work: There’s no such thing as simple. Simple is hard. As taxpayers, that’s what we want, right, simple? I firmly believe that it’s the complexity of the Tax Code that frustrates taxpayers the most – not so much the actual dollars (though I get that we’re not terribly fond of [...]

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Cain’s 9-9-9 Tax Plan Continues to Attract Interest

11 October 2011

You just can’t fault a guy for talking up pizza during a good debate – especially when that guy is former Godfather’s Pizza CEO and GOP presidential candidate Herman Cain. Cain grabbed a surprising share of the spotlight in New Hampshire on Tuesday during the GOP presidential debate with talk of his “9-9-9″ plan. The [...]

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Hey Congress, Why Don’t You…? Flat Tax.

2 September 2009

Beth S. writes: Two words: flat tax.

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Ask the taxgirl: Sales Tax Classification

26 May 2009

Taxpayer asks: In your articles about the states, you keep saying that sales tax is regressive. But since everybody is paying the same percent, doesn’t that make it a flat tax which means it’s not regressive? I’m confused. Taxgirl says: Good question! Most sales taxes are flat rate taxes in that the same percentage is [...]

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If the Tax Code is So Complicated, Let’s Just Have a Flat Tax

19 May 2008

This hasn’t been a great year for taxpayers. As the economy takes a dive, folks are growing more and more unhappy with the amount of taxes paid. And this year, in particular, watching the IRS botch rebate payments has made taxpayers even more angry. Wouldn’t it, I’m often asked, just be better to have a [...]

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Fix the Tax Code Friday: Dividends and Interest

17 August 2007

Many proponents of the flat tax have advocated for the elimination of tax on dividends and interest, leaving only a tax on wages and “earned income”. The argument for the elimination of such a tax is that it would encourage investments and savings and thus, stimulate the economy. The argument against the proposition is that [...]

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Fix The Tax Code Friday: Flat Tax

11 May 2007

A number of the presidential candidates have suggested replacing the current tax system with a more simple program. It feels like it shouldn’t be hard to do since Title 26, the Tax Code, is the largest section of the U.S. Code. To put the laws and related documents on paper now takes more than 55,000 [...]

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