Site Title

Sign up for our newsletter

connect

TCC Calls for Flat Tax This Year

Dear editor:

It appears that Congress will soon take up the matter of tax reform, and the economic health of our nation may be determined by the outcome.

The current complex system requires many Americans to use a professional preparer, a waste of resources that could be ended by a simpler and fairer system.

What we need is a flat rate income tax and the elimination of most deductions.  This would not only make filing taxes easier and quicker, it would give Americans greater confidence that the system is fair, with everyone paying his or her share. 

The economy would also benefit from such a tax reform.  Instead of making spending and investment decisions based on the incentives in the tax code, those decisions would be made according to the incentives of the market.  Economic growth would receive a much-needed stimulus, producing more jobs.

Replacing our current system with a simple flat tax will not be easy.  The well-connected special interests will fight hard to preserve their special privileges.  President Reagan had to compromise and accept a more modest reform in 1986.  Let’s get it right this time.

Sincerely,

Peter J. Thomas

Chairman

Americans for Constitutional Liberty

The Conservative Caucus, a project of Americans for Constitutional Liberty, is a public policy organization, contributions to which are not tax deductible. The IRS has determined ACL to be a 501(c)(4) organization, exempt from Federal income tax. Contributions to ACL are not subject to FEC regulation or disclosure requirements, and corporate donations are permitted.

Sign up for our email list