Enter your email address to subscribe to Irregular Times and receive notifications of new posts by email.

Join 305 other subscribers

Irregular Times Newsletters

Click here to subscribe to any or all of our six topical e-mail newsletters:
  1. Social Movement Actions,
  2. Credulity and Faith,
  3. Election News,
  4. This Week in Congress,
  5. Tech Dispatch and
  6. our latest Political Stickers and Such

Contact Us

We can be contacted via retorts@irregulartimes.com

The Magic Of The Flat Tax

Yesterday, Richard Shelby, a U.S. Senator from Alabama, introduced S. 173, “A bill to repeal the current Internal Revenue Code and replace it with a flat tax, thereby guaranteeing economic growth and fairness for all Americans”.

Does Senator Shelby truly believe that a flat tax – meaning that low paid workers have to contribute the same portion of their salary as millionaires and billionaires, will guarantee economic growth and fairness for all Americans?

What else does Senator Shelby believe… that a flat tax will ensure spotless driving records, prevent paper cuts, rid the world of all infectious diseases, and make every American one inch taller?

Who knew the flat tax had such magical powers?

8 comments to The Magic Of The Flat Tax

  • JeffD

    I wonder if a flat tax system without loopholes would actually mean that the “rich” end up paying more than they do in the current system. But a flat tax without loopholes sounds more fair than anything I’ve heard or seen yet.

    • JeffD, who are the “rich”, and how are they different from the rich?

      Do they only have “money”, rather than having money?

      • Dave

        Rich in quotation marks is perhaps appropriate until someone defines “rich” and we can just use the word as a simple descriptor that everyone will understand right away. Who are the “rich” F.G.? How much do they make? Under a flat tax, if they make a thousand times what I do, won’t they pay a thousand times the taxes? Would you deny me the opportunity to pay my taxes at the same rate as the “rich” and hold my head up knowing I have paid my fair share? Perhaps if the poor paid just a little in taxes then the politicians would consider that everyone is now vested in the country’s financials and that we are all watching how they spend the money.

        • JeffD

          Well worded Dave. If we are all in this together let’s ALL get in on this together. No one group, no matter how the groups are defined, is going to get us out of this hole we are in.

  • gregjorges

    It would`nt be necessary if we did`nt have mass immigration and “assimilation” imposed on ALL white countries and ONLY white countries, which apart from ruining the economy is GENOCIDE of whites under international law. This “Anti-racism” is just a codeword for anti-white

  • Flat tax facts:
    41 “states” have it currenlty (includes unrecognized states like Abkhazia, Nagorno-Karabakh, South Ossetia, and Transnistria as well as crown dependencies like Guernsey and Jersey) with rates from 2.5% to 46%
    1 “state” (autunomous region of Hong Kong) 20%, but effective taxation varies (so flat statutorily, but not effectively due to all types of deductions)
    3 states (Czechia, Iceland, and Slovakia) used to have a flat tax, but no longer
    5 “states” (includes Faroe Islands, autonomous region) (Australia, Faroes Islands, Greece, Panama, and Poland) may start having a flat tax in the future

    Generally, flat taxes are mostly associated with the former Soviet Union in the 1990s, but there are flat taxes outside there and flat taxes have been imposed by various states since the 1940s. So, anyone familiar with people who live in a state with a flat tax or what it’s like to live there?

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>