Kenneth Eaton on Tax Reform

Democratic Senate challenger

Flat tax burdens lower-income people

Americans currently spend 113 days of every year working to pay their federal, state, and local taxes--almost twice the number of days they work to pay for housing and more than three times the number of days they work to pay for food.
Beginning in 2010, millions of lower- and middle-income Americans and small businesses will face significant tax hikes.
This week, Alexander will introduce legislation to establish an optional flat tax for individuals and businesses. The tax would be 19% for the first two years and 17% thereafter.

There has been a long standing question as to whether a flat tax would be a relief on the public or a further burden. The reason a Flat Tax has not been embraced is due to the overwhelming burden it places on lower income people. The math just doesn't add up. All that a flat tax would do is decrease the tax burden on the ultra rich, and place it on those who are working a 9-to-5 job. Source: Campaign web blog, "Alexander Proposes Flat Tax" Apr 23, 2008

Flat tax burdens lower-income people

19% for the first two years and 17% thereafter.There has been a long standing question as to whether a flat tax would be a relief on the public or a further burden. The reason a Flat Tax has not been embraced is due to the overwhelming burden it places on lower income people. The math just doesn't add up. All that a flat tax would do is decrease the tax burden on the ultra rich, and place it on those who are working a 9-to-5 job. Source: Campaign web blog, "Alexander Proposes Flat Tax" Apr 23, 2008

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Page last updated: Dec 02, 2008