Flat tax for middle class

The Washington Times ^ | November 29, 2007 | Harold Ford, Jr.

[Free Vulcan]

Got my vote!

[pray4liberty]

That’s right. 10%, no deductions, leave me alone. I’d still come out ahead even if I can’t write off my mortgage interest and charitable deductions anymore.

[Straight Vermonter]

Why do you think capital gains are only available to white collar workers?

As a blue collar guy let me say that at the end of the month there isn't usually a lot left over for capital investments. But I'm glad to hear the working Joe is doing so well in your area.

[familyop]

The flat tax ideas are good ideas, BTW. But special interest lobbyists will mess flat tax efforts up.

[familyop]

Here’s a note of tenuously related interest.

American Brain Drain (U.S.-born Ph.D.s are hard to come by.)
http://www.freerepublic.com/focus/news/1933011/posts

[Myrddin]

My company has 7% PhD, 37% Masters, 56% Bachelors degrees. Disciplines are distributed as 48% sciences, 19% engineering, 20% business/law, 13% humanities. The last category looks goofy...until you consider the linguistics people involved in gathering intelligence. Those figures are for 2003. 90% of the employees work on direct charge contracts. The other 10% provide the necessary administrative umbrella to handle contracts, payroll, legal, real estate and other essential support services.

[RightDemocrat]

Harold Ford is absolutely right about the need for a middle class flat tax. It is one of those creative thoughts that makes too sense for the politicians to borrow. Like a lot of great ideas, we don’t hear any of the Presidential candidates talking about a middle class flat tax but it sounds like a winning issue to me.