Tag Archive for: Tax Legislation

The “Flat Tax: Stupid But Possibly Workable

John Doyle speculates on how to make a flat tax adaptable so that it doesn't take a sizable chunk of a worker's earnings from they need to pay for critical everyday expenses. Maybe set a threshold below which the flat tax is exempt? Ideally that would be something like the prevailing poverty rate. Above that you pay tax, below it you don't. John goes on to consider the likelihood of such an adaptable tax passing the Republican legislature.