Friday, June 26, 2009

Flat Tax = Flat Earth Thinking

No one who studies it for a moment can sign on to what is referred to as a flat tax-- unless you also sign onto the flat earth theory.

The idea of a "flat tax" is that everyone pay the same flat tax rate no matter their income.

From what I understand, if the proposed flat tax rate goes through, the wealthy in Arizona (income over $5 million) will get $341,000 back in taxes. That is enough money to pay for 10 teachers or 7 police officers.

So the answer to the largest budget crisis in the nation is to reduce taxes-- which will lead to firing teachers, police, fire, and others who meet basic public needs.

That almost makes sense.

Don't worry if you lose your job. You will probably get a tax refund, too.

But yours will be closer to $3.41.

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