Monday, October 10, 2005

FLAT TAX, Andrew Sullivan blog

Monday, October 10, 2005

A BETTER FLAT TAX: Here's an extremely persuasive case for a kinder, gentler flat tax that would gut the IRS, energize the economy, force the wealthy to cough up more and encourage savings and health insurance. All for a mere 14 percent. The flat tax is for this decade what equal marriage rights was for the last: an idea whose time has come.
www.andrewsullivan.com

2 Comments:

At 10:43 PM, Blogger Barak said...

Andrew Sullivan's link has changed because his original link had erroneous numbers. The new link is: http://www.andrewsullivan.com/index.php?dish_inc=archives/2005_10_09_dish_archive.html#112897203904640342

The correct growth numbers are actually much higher:

http://www.iris.org.il/blog/archives/422-IRIS-Exclusive-All-Flat-Tax-Countries-Experiencing-Explosive-Growth-Rates.html

2004 GDP growth rates there averaged a staggering 8%, well over twice the industrialized nations' average of 3.4%. Of course these flat-tax rates vary widely, from 12-33%. Among the six lowest-taxed countries, growth rates are the highest: 8.6%. The lowest-taxed three have 9.5% growth.

The TaxProf link has the additional problem of including growth results from Greece, which has not yet adopted the flat-tax.

 
At 10:21 PM, Blogger Barak said...

I received a great deal of skepticism from the blogosphere about my post. I tested one of the arguments against the data and it was indeed compelling. I therefore withdraw my original claims because they are based on inconclusive data.

The entire post is here:

http://iris.org.il/blog/archives/422-IRIS-Exclusive-All-Flat-Tax-Countries-Experiencing-Explosive-Growth-Rates.html

 

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