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High Taxes Wither Away (John Fund Looks At Former Communist World's Flat Tax Revolution)
Opinionjournal.com ^ | 02/28/05 | John Fund

Posted on 02/27/2005 11:27:06 PM PST by goldstategop

Despite all of its advantages, the flat tax faces enormous ideological opposition. Envy and the lust for the political control that complicated tax regimes can provide are powerful motivations to keep progressive tax systems in place. Karl Marx in "The Communist Manifesto" was among the first to call for "a heavy progressive or graduated income tax" at a time when a flat rate was the norm in advanced countries. He listed it as second in the list of priorities for a new society based on the class struggle.

It is therefore ironic that every country that has adopted the flat tax is a former communist nation--except Hong Kong, the modern originator of the concept, which has seen its new communist rulers retain the flat tax as a centerpiece of its economic policies.

Given all this, why should the U.S. allow itself to continue to see its economic potential limited by a Marxist concept that most nations that followed that path are now fleeing from?

(Excerpt) Read more at opinionjournal.com ...


TOPICS: Business/Economy; Editorial; Foreign Affairs; Government; News/Current Events; Philosophy
KEYWORDS: fillapostcard; flattax; formercommunistworld; freemarkets; johnfund; morerevenue; progrowth; taxes
The former Communist World has initiated a flat tax revolution - a tax that can be filled out on a postcard and that encourages work, growth, savings and investment. And bringing in more revenue for the government. The question that needs to be asked it why aren't we doing it? The flat tax works everywhere its been tried. It can work in America.

(Denny Crane: "There are two places to find the truth. First God and then Fox News.")

1 posted on 02/27/2005 11:27:07 PM PST by goldstategop
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To: goldstategop

bttt


2 posted on 02/27/2005 11:28:14 PM PST by nopardons
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To: goldstategop

WHY aren't we doing it?

Entrenched Communists...oopsie I mean "progressives."


3 posted on 02/27/2005 11:32:35 PM PST by endthematrix (Declare 2005 as the year the battle for freedom from tax slavery!)
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