By: Brother Bob at Flopping Aces
[snip] After a local Tea Party meeting one of my fellow attendees reached out to me and asked me to look over a proposal he had for tax reform. Given that this city has no shortage of people with grand ideas I was naturally skeptical. But then I read his proposal for the Neutral Tax, and when I was done reading I had just one thought… “What on Earth did this guy just say?” So I read it again, and it started to make sense. I didn’t share my initial reaction to disparage the Neutral Tax – it’s just that it’s such a different idea from anything I had read before that it didn’t sink in on the first reading. Think back to when you were in school and the first time you saw something like “Se habla Espanol?”, or “(x + 2)(y + 3) =20″, or your first Supply and Demand curve. Looking back you know that none of these concepts are complicated, but the first time you saw them it took a brief recalibration of your brain to comprehend what you’re looking at. If the first time you read the white paper (it’s an easily digestible four pages) it sounds like a foreign language read it again. It’s not a difficult concept; in fact it’s so simple it could actually work. Here is a quick summary:
The federal government stops taxing citizens directly, and instead applies a flat tax that is assessed against each individual state. It is then up to each state to decide how it wants to tax its residents. From there the state still keeps its cut for its own obligations while sending the feds their share.
Read it here.
Not sure this is a good idea, but it does appeal to my belief that we need to get back to our Republic roots (states rights).