Flat tax – definitely not a classic

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In view of the previous story I was amused to note that the Hoover press re-issued Hall and Rabushka's 'Flat Tax' book yesterday.

Apparently it's now achieved 'classic' status. A classic con, maybe. A work of folly, perhaps. A contribution to welfare? No, definitely not. But then Rabuska never intended that. In his opinion a tax system should ensure that the 95% of low income earners provide a life of luxury for the 5% of high income earners. He told me so.