CRF Blog

What’s So Bad About a Flat Tax?

by Bill Hayes

The New York Times’ Room for Debate lets various knowledgeable contributors discuss news events and other timely issues. One recent debate covered: What’s So Bad About a Flat Tax?

Herman Cain has come under criticism — even ridicule — from all political sides for his “9-9-9” plan: a 9 percent personal flat tax, a 9 percent corporate flat tax and a 9 percent national sales tax. But many fiscal conservatives and good government advocates have pushed the flat tax idea for a long time. What’s wrong with Mr. Cain’s plan? Why shouldn’t it be taken seriously? [more]