The Flat Tax is Here

Scott Burns again demonstrates a good grasp of the operation of the tax code in this Dallas Morning News editorial.  The column exposes the lie that somehow "others" are paying the taxes for that benefit you receive.

There some things that should be added to this narrative.  First, the "flat tax" doesn't apply to the super rich that do not rely on W-2 income.  Their rates (capital gains, dividends) are much lower than the 40% that the peasants pay.  Second, the super rich can avoid taxable transactions altogether...so much of their wealth creation is not subject to taxation at all.  Third, the maize of our tax code prevents any meaningful actions by the voters to rationalize it.

The solution proposed in "The Rats are in the Cheese" will put an end to this tyrannical tax regime.