Another Red Herring by Prager U.
A flat tax merely allows the rich to keep their wealth without having
to jump through all the hoops that go with our graduated tax.
But the flat tax is just as susceptible to being burdened by
complicated regulations, just as the graduated tax now is. A flat tax
is not going to satisfy those committed to amassing wealth and the
power it buys. Proof of this is seen in the complex laws now covering
the graduated tax. The Money Manipulators have forced more and more
regulations on our graduated tax, in an effort to enable them to avoid
paying any tax at all.
Carl Jarvis
On 12/19/16, PragerU <info@prageru.com> wrote:
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> Several years ago, Money magazine gave the finances of a hypothetical family
> to 46 of America's top tax preparers. Their job was simple: Complete the
> family's tax return. But the 46 tax experts came back with 46 wildly
> different estimates! Why? Because, according to Steve Forbes,
> Editor-in-Chief of Forbes Magazine, the U.S. income tax system is worse than
> complex—it's incomprehensible and unworkable. Is there a better way? Yes,
> and it's called a flat tax. Watch PragerU's new video with Mr. Forbes here
> (https://www.prageru.com/courses/economics/case-flat-tax) to see how it
> would work.
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