In a perfect world every single American would pay taxes and have some skin in the game. It would motivate everyone to reduce the size of government. But that won’t sell politically because those that are getting a “free lunch” won’t vote for the guy making them pay taxes. Therefore, what we’re seeing with the proposed tax plans from candidates Bush, Rubio and Trump is, more or less, to keep the free lunches and reduce taxes. That’s not bold enough.
Lower taxes are fine, but there is a better way. I like a flat 10-10-10 tax for example, 10% sales -10% business-10% individual flat tax. This is the time for candidates to make a bold case to all of Americans to get government out of their wallets. One way to do that is to let all Americans feel what it’s like to pay their fair share. Tough to sell politically but the right way forward.
My friend Chris Edwards, director of tax policy studies at Cato and editor of www.DownsizingGovernment.org discusses Trump’s plan here.
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