This man is a nuts

[GenuineRisk]

Originally Posted by Danzig188

i think the biggest hurdle to a flat tax or national sales tax is the earned income tax credit. they'd have to figure out another way to take my overpayment in taxes and give it to someone who paid none, but somehow still deserve a (cough, cough) refund.

No, the biggest hurdle for the flat tax and national sales tax is that it will raise taxes on the poor and middle-class and lower them on the wealthy, and reduce them to zero for members of what a lawyer I know refers to as, 'The Lucky Sperm Club" (those people who inherit their wealth and don't work, but live off dividends). The EITC (Earned Income Tax Credit) is actually an incredibly effective program for lifting working families just above the poverty level (you have to be a working head of household, so teenagers and the unemployed can't qualify). From Wikipedia:

http://en.wikipedia.org/wiki/Earned_Income_Tax_Credit