How in the world is that genius?
By your own comment, the skewing continues under the Fedzilla tax code.
The Perry plan does nothing to eliminate the billions of dollars in compliance costs associated with the Fedzilla code. In fact, it exacerbates those costs by causing many taxpayers to have to figure their taxes under TWO systems before deciding which to file under.
ANd what happens if in the next tax year something occurs that requires an amended return? Does the taxpayer have to again figure that under both systems or what?
How does allowing the present Fedzilla code to remain alive do anything to address crony capitalism and other corrupt practices that steal us blind and waste our money?
How does the Perry plan do anything to build MORE not less political accountability into the tax system, so that, because more people are affected by tax hikes, it’s harder politically to raise rates?
In fact, since the Perry plan (because it’s optional) further balkanizes tax payers — let’s see, now we still have the non-taxpayer class, the Fedzilla taxpayers and the flat taxpayers -— it will be even easier for Congress to pit classes of taxpayers against each other.
They will raise the flat tax and say, if you don’t like it, you can pay the rates under the Fedzilla Code! They will raise the rates under the Fedzilla Code and say, if you don’t like it, pay the flat tax!
It’ll be the Fedzilla version of “Who’s on first?” and taxpayers will the ones never able to follow the punchline.
And that’s just for starters.