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Implement a flat tax reform based on the evidence of the Laffer Curve.

Created by K.C. on November 03, 2015

Based on the evidence of the Laffer Curve, it is shown that having lower tax rates will increase economic growth and even government revenues. This is evident throughout the 1980's when top tax rates declined from over 70% to 28%, based on IRS data. Having a flat tax would ensure there to be no loopholes for the wealthy to get by, help the poor by allowing for exemptions based on family size and also by reducing marriage penalties. Explanation for the Laffer Curve and why to have a flat tax may be seen here: https://www.youtube.com/watch?v=YsB_rnzBA08

https://www.youtube.com/watch?v=nhUOpNve1bY

Budget & Taxes
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