Is it time to throw out the tax code for a flat tax? (video)

John Stossel had a segment on his Fox Business Network (FBN) show to discuss the tax code in the United States today. It’s no secret that the nation’s tax code is complex and costly. So does that mean it’s time for a flat tax? Steve Forbes sat down with Stossel to discuss the possibility of everyone paying the same tax rate on their wages, salaries and pensions.

We reported on the Flat Tax and FairTax: “Is a flat tax the answer to America’s financial crisis?” and “Will a national sales tax save the U.S. economy or help it crumble?

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Comments

  1. We Need Two Flat Taxes

    We need a low flat tax of 8% in income joined with a flat 2% on net wealth. Read details at TaxNetWealth.com

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