The Self-Adjusting Flat Tax is based on IRS statics and is designed to achieve a "revenue-neutral" state. Once implemented, the model will automatically:
1) Lower taxes for all
2) Eliminate budget deficits
3) Eradicate the National debt in about 13 years
4) Eliminate Tax Returns and stress
5) Make the IRS leaner
6) Keep politicians' hands off the tax code
7) Once the national debt is payed off, taxes will keep
coming down automatically as long as a budget surplus
exists.
8) The world economy will benefit as a consequence of the
stability that the Model will provide to our economy.
9) The Model will also achieve other "derivative benefits"
which can be seen on the following video.