September 30, 2011

THE RISE OF THE FLAT TAX produces Morning In Albania. “Today, the flat tax idea is perhaps even more politically remote, in the United States, than it was in 1985. However, the rest of the world caught on to the idea. Today there are at least forty governments with flat tax type systems, most of which made the switch in just the last decade.”

Our political class doesn’t like a flat tax because it provides insufficient opportunities for graft.