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system. But what if they could be? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Dear friend,
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Fair, efficient, and simple are words you probably don't associate with our
tax system. But what if they could be?
Unfortunately, the federal income tax is a complete mess.
It's not efficient, fair, or simple. It fosters tax avoidance and cheating and
costs billions of dollars to administer.
First proposed in 1981 by Hoover fellows Alvin Rabushka and Robert Hall, the
flat tax was intended to simplify the federal tax system by replacing the
progressive federal income tax system with a low and simple flat tax. They
believed that the flat tax was the fairest, most efficient, simplest, and most
workable tax plan.
The flat tax plan would give an enormous boost to the US economy by
dramatically improving incentives to work, save, invest, and take
entrepreneurial risks. It would also save taxpayers hundreds of billions in
direct and indirect costs.
As we navigate the complexities of our present tax system, it becomes evident
that change is necessary. The classic book,The Flat Tax, critiques the flaws in
our highly progressive tax structure and introduces a practical, efficient, and
workable alternative.
Hall and Rabushka explain that:
* All income should be taxed once, and only once, at a uniform low rate.
* A flat tax would eliminate the distortions of the present tax treatment of
business.
* It is not an academic abstraction but a workable solution that has been
implemented in many countries.
* If meaningful, systematic tax reform is to succeed, it won't be birthed in
Washington. It will come from millions of taxpayers demanding fairness in
taxation.
That's why we want to share this Hoover Classic with as many Americans as
possible, starting with you. By requesting your free copy ofThe Flat Tax eBook,
you not only gain access to invaluable insights but also become part of a
community engaged in reshaping our thinking on taxation.
As you delve into the pages of The Flat Tax, you'll discover not only the
critique of the current system but a practical alternative that has been a
guiding light for those seeking fairness, efficiency, and practicality.
Join us in unlocking the legacy of The Flat Tax. Claim your free copy now and
become part of a movement for transformative ideas in tax reform. You can get
your eBook copy here:[link removed]
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Greg
Greg Stamps | Online Development
Hoover Institution | Stanford University
With its eminent scholars and world-renowned Library and Archives, the Hoover
Institution is a non-partisan, data-driven policy research organization that
seeks to improve the human condition by advancing ideas that promote economic
prosperity, national security, and democratic governance. Over more than one
hundred years, Hoover’s work has directly led to policies that have produced
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world.
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