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4/23/06

The QandO Blog: - Equality Tax: the Flat Tax for everything

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Equality Tax: the Flat Tax for everything

The first benefit of a flat tax is that it would incorporate a price mechanism into the system of government. As it stands, far too many spending and tax cut proposals are floated on the idea that we'll just pay for it by soaking somebody else. With a uniform flat tax — especially one that does not differentiate between different forms of income — the cost of new spending or tax cuts would be harder to hide.

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