“Perhaps most amazing, there is now a flat-tax revolution sweeping the globe.”
He must mean the part of the globe outside of North America because “the flat tax” (as if that term denoted a single proposal) sure isn’t sweeping the US. Politically, it’s on life support. If the flat taxers really wanted to get their proposal some traction, the first step would probably be to get the leaders like Dan Mitchell, Dick Armey and Steve Forbes together and let them determine the design of a specific plan that they could all get behind. And that proposal would not be a flat tax option, which I believe is what Mr. Forbes advocates.
People go with what works... that is unless your “fairtax people”
Is it any wonder that the FT is favored by politicians? With the prebates going out on a monthly basis, Americans will be under a monthly control rather than an annual one. No wonder.