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Examples
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Perry in a speech tomorrow at a plastics manufacturing company in Gray Court, South Carolina, is to unveil what he has described as a flat-tax proposal.
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Many are enamored with Mr. Cain's "9-9-9" flat-tax proposal: 9% income tax, 9% corporate tax and a 9% national sales tax.
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Based on the estimates from our new study, if a static, revenue-neutral flat-tax reform were to reduce the tax complexity in half, the long-term growth in our economy would increase by around one-half of 1% per year.
The 30-Cent Tax Premium Arthur B. Laffer 2011
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In the past, flat-tax lovers and haters have clashed over the desirability of a single rate.
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On Nov. 9, 2011, David Brady and Tammy Frisby of the Hoover Institution reported results of a poll showing that Americans opposed a flat-tax proposal by 39% to 28%, with about a third undecided Do Americans Favor a Flat Tax?
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Republican presidential candidate Herman Cain's "9-9-9" tax plan and rival Rick Perry's flat-tax proposal would move the U.S. tax code significantly toward taxing consumption more and income less.
Flat Tax Seen as Savings Booster John D. McKinnon 2011
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Congressional Quarterly/Getty Images Alvin Rabushka, co-author of the first major flat-tax proposal.
Flat Tax Seen as Savings Booster John D. McKinnon 2011
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However, when told that the largest reductions in taxes under a flat-tax plan would go to higher-income earners, Republican support dropped significantly and nearly half of all respondents said that they would be more opposed to a flat-tax plan if it benefited primarily affluent taxpayers.
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A consumption tax "has always been popular, but what makes the notion attractive in some circles now is that we've just been through a consumption bubble," said Alvin Rabushka of the Hoover Institution, a co-author of the first major flat-tax proposal 30 years ago.
Flat Tax Seen as Savings Booster John D. McKinnon 2011
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The question for GOP voters is whether a perfect flat-tax plan is the enemy of a good flatter-tax plan when it comes to the odds of capturing the White House.
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