You are evading the issue. There have been several very simple 2-tiered tax rates that many Americans in generations past have called a simple flat tax.
The issue you are evading is that you have not explained how a new Congress 2 or 4 years out is not going to introduce an amendment to set a higher rate for upper income earners in order to be ‘fair’, so that your flat tax will be a 2-tiered tax structure on its way to becoming a multi-tiered bracketed tax structure.
You are nuts to think that past Americans having fought for a simpler income tax at only 2 brackets were foolish enough to think it was not a flat tax. It was a very flat tax, and yet all those reforms failed.
Even if in 1913 they had one rate 7%, what makes you think they would not have made another bracket for the super rich? And then years later added yet another bracket and so on.
Once again, how does your flat tax stop the next Congress from adding another bracket?
The answer is simple, it doesn’t because it can’t.
To ignore history and say we never tried it before is irrational. The previous 2-tiered tax rates were expanded into a hundred or so brackets.
What makes you think your flat 1-tier tax rate won’t be expanded to 2? 3? Hasn’t happened before?
Let’s repeat:
The original income tax code in 1913 had 2 brackets:
1% \
—> many many tax brackets through 5 major reforms
7# /
Your flat tax starts at :
X% —> many many tax brackets
What is to prevent the above? Why do you say it hasn’t happened when clearly it has with a simple 2-tiered system? You think it won’t happen with a 1-tier system? You’re nuts! Human nature says if pols can do it they will do it!
What prevents future pols from creating more brackets? Answer: Nothing!
What CAN prevent pols from creating many brackets is repealing the 16th and replacing the Income tax code with the FairTax code of tax collection and enforcement.
The Flat tax as a design is flawed. It will never stay flat.
The Flat tax as a political issue for 2012 is DOA.
You are evading the issue. There have been several very simple 2-tiered tax rates that many Americans in generations past have called a simple flat tax.”
Just simply not true. There has never been a flat tax. Simply not true. You are fantasizing and projecting into the future. I don’t think this is worth pursuing. Give my regards to Cleopatra and Nostradamus when you see them.