FlatTax News

FlatTax News From AOL News

Where the Poor Pay the Most Unfair Share of Taxes

(Nov. 19) -- The tax code is unfair and it's the poor and the middle class who are getting the raw end of the deal. Those are some of the conclusions of a new study released by the Institute on Taxation and Economic Policy, a nonpartisan research group. The report found that after itemized deductions, the richest 1...

FlatTax News From the Web

10/31/11 Flat Tax a Flat-Out Fraud Source: LA Progressive The so-called flat tax is all the rage among Republican presidential hopefuls.
10/30/11 Why U.S. needs progressive tax Source: The Korea Herald The so-called "flat tax" is all the rage among Republican presidential hopefuls.

Background on FlatTax

A flat tax (short for flat tax rate) is a tax system with a constant marginal tax rate. Typically the term flat tax is applied in the context of an individual or corporate income that will be taxed at one marginal rate.

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