Fairness and Efficiency in the Flat Tax - Hardcover

Rabushka, Alvin; Armey, Dick; Eisner, Robert; Stein, Herbert; Hall, Robert E.

Hardcover

ISBN 10: 0844739863 ISBN 13: 9780844739861

Publisher: AEI Press, 1996

Synopsis

A tax form the size of a postcard? That would be one result of Robert E. Hall and Alvin Rabushka's flat tax proposal. This idea, first suggested by the authors in 1982, is now the subject of wide-spread discussion in both popular and academic circles. In this up-to-date volume, the authors argue that a flat tax of 19 percent would raise the same revenue as the present income tax, while fundamentally redesigning our system of taxation to encourage savings and investment. Dick Armey urges passage of legislation to institute a flat tax, which, he believes, would simplify taxpayers' lives and encourage economic growth.
Robert Eisner disagrees with the Hall-Rabushka flat tax, challenging claims for increased fairness and efficiency. He offers, instead, an alternative flat tax proposal of his own. According to Herbert Stein, the present federal income tax is full of "anomalies, distortions, and complexity," allowing for "plenty of room for tax reform," but for necessarily of the flat tax variety.
These experts present a lively discussion of the pros and cons of the proposals for a flat tax, think through the likely effects of such a radical change, and make clear what can seem a confusing array of facts and figures.

About this title

Synopsis

Argues that a flat tax of nineteen percent would raise the same revenue as the present income tax, while encouraging savings and investment.

Edition details

• Publisher: AEI Press
• Publication date: 1996
• Language: English
• ISBN 10: 0844739863
• ISBN 13: 9780844739861
• Binding: Hardcover
• Number of pages: 127
• Editor: Hall Robert Ernest