Wednesday, February 7, 2007

Taxing for income redistribution

Sam Brownback and Mike Huckabee have both launched (sort of--"exploratory committees") campaigns for President and announced support for an overhaul of our Federal Income Tax system, namely the "Flat Tax."

This article is interesting because it reflects a Liberal's view of the "flat tax." (here) Here's an excerpt from the article, but suffice to say, the (Liberal) author is most concerned about giving gov't the power to redistribute income.
"Whatever the actual advantages of a flat income tax might be, the conservatives surely must appreciate the fact that flat taxes make government redistribution of income much, much harder. This could well be the real reason why this misguided proposal has cropped up again."
To which I'd reply, where do I sign up?