Flat tax, all the raaaageMarch 25, 2011
My parting shot for the week on Daily Kos addresses the push for a flat tax plan in Arizona, one that has been through the House and is now moving through the state Senate. If successful – and they have no particular reason to fail with their majorities – Republicans will soak the poor and give to the rich. To put it in perspective, millionaires stand to benefit from a 45% tax cut, while mine will more than double. I don’t think it could be more regressive.