"...move to a simple flat tax, where the average American can fill out our taxes on a postcard."

[babylonsister]

Really?

http://politicalwire.com/archives/2013/06/03/bonus_quote_of_the_day.html

Bonus Quote of the Day


"We ought to abolish the IRS and instead move to a simple flat tax, where the average American can fill out our taxes on a postcard."

-- Sen. Ted Cruz (R-TX), in an interview with Fox News, offering his solution to the controversy of the IRS targeting conservatives groups.

[Drale]

1. The only reason Ted Cruz has any power

is because the GOP thought he would bring Hispanic voters with him. I wonder if he realizes that?

[gcomeau]

2. Had to explain the catastrophic impact of that ridiculous idea...

...to someone on facebook last night.

But then we're dealing with a party that considers PAUL RYAN and RAND PAUL to be economic policy wonks... so what can you really expect?

[librechik]

3. flat tax? All that is is enormous new tax break for the rich.

[sinkingfeeling]

4. And pay 6 or 7 times more.

[a kennedy]

5. and all this reminds me of is Steve Forbes

Wasn't he the flat tax king?? Ugh....

[Egalitarian Thug]

6. Remove the word flat and add a clause removing differentiating types of income

and he would have two points, this and the one on his head.

[Zen Democrat]

7. Yes and the middle class will pay a greater portion of their income, and the rich less.

They just won't give it up, will they?

[DuckBurp]

8. One major problem with the flat tax is that most of the Internal Revenue Code, ...

... and the associated Regulations, defines what is income. Changing the tax rates, which is all the flat tax would do, does nothing to simply the fundamental problem of defining what is income. So, there is not all that much streamlining that a flat tax would lead to as they would have you believe.