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The Flat Tax Answer

May 21, 2015 By Richard C. Young

The Cato Institute’s Dan Mitchell offers a way out for America. The question is which candidate for president will have the intelligence and common sense to run with Dan’s plan? All Americans will benefit. And most politicians will not. See any problem here. Individual Americans must carry the day and can work to this end by bombarding representatives in Washington with emails, phone calls and personal visits. The first two questions any voter should hit presidential candidate with are (1) Are you against foreign intervention, nation building and our current state of perpetual warfare? (2) Will you support the flat tax?

Dan Mitchell lays out three irrefutable flat tax benefits. (1) Minimize penalties on productive behavior. (2) End the bias against saving and investment. (3) End distorting loopholes.

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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