I hadn’t realised this inegalitarian idea rightly mocked when it was touted by Forbes in his US presidential bid has been gaining so much leverage. The Economist points out Estonia, Latvia, Lithuania, Serbia, Ukraine, Russia, Georgia, Slovakia and Romania have introduced them.
5 March 2005
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Why is flat tax inegalitarian? We are not talking about a flat physical amount of tax here but a flat percentage rate of income tax, under this system those earning more still pay more, in many cases lots more, but it is still egalitarian in that the poor pay less.
Comment by Duncan — 29 March 2005 @ 6:47 am
Because a progressive tax helps to narrow the gap between rich and poor (hence tends to make things more equal) while a flat one does not.
Comment by David Brake — 29 March 2005 @ 8:45 am