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The Wrong Way To Sell A New Idea
Part 1 of Paper
....nces. That at the least is the intended conclusion. By eliminating personal deductions like mortgagee interest payments, the study claims, the flat tax would reduce housing values in this country by upwards of 10 percent. The study's methodology is shaky at best, and the jury on housing values is still out.
Despite.... Part 2 of Paper
....nsumers and employees-by raising prices and trimming fringe benefits, for example-shifting the nations tax burden to the business community will not produce successful tax reform. Next, the flat tax initially would raise taxes on the middle class by 20 percent. On average, a family with between $40,000 and $50,000 in adjusted gross income would see there taxes rise about $700 to about $7.500.
The flat tax also appears to have a major fairness problem. For example consider two families. T.... |
| Number of words: 653 - Approximate pages: 3 |
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