Even though the flat tax has not been enacted yet, the coming of a new presidential election in less than a year, will promise to bring the issue up once again. Republican front runner, Rudy Giuliani, once an opponent of the flat tax in 1999, now seems to recognize the benefit of it. This may just be political pandering as it has become all too familiar in 21st century American politics. Whether or not Rudy believes in the flat tax, is not the main point.
The fact that he changed his mind on the issue, speaks to the importance that many Americans place on the reforming of the current tax code. “Giuliani accepted the endorsement of Steve Forbes yesterday and embraced Mr. Forbes’s signature issue, saying he liked the idea of a flat tax- something Mr. Giuliani denounced when Mr. Forbes was running for President in 1996. ” Such a changed opinion is necessary, although not done in the best light.
However, in order to relate to his base; a base which is tired of the ineffective and crippling tax rate, such changes must be enacted. “Mr. Giuliani is the one running for president and with a record on social issues to the left of most Republicans; he has been trying to appeal to fiscal conservatives. In those circles, the word of Mr. Forbes, the magazine executive who also ran for president in 2000, carries considerable weight. ” The winner of the 2008 election will speak a great deal about where the majority of Americans want to take this country.
It will also be important to see the number of votes, for the person who comes in second. The 2000 and 2004 election results, even though victories for President Bush, showed that many Americans were dissatisfied with the course that the President was taking the country. As a result, the Democrats won back a number of seats in the 2006 midterm elections. The results of the 2008 election will speak volumes about where the country wants to be taken.
A fair tax would help increase the fairness and efficiency of the current tax code which, over the last fifty years, has exploded in its length and unfairness in the way in which it is imposed upon the American people. No longer would hard working Americans be penalized for the long hours that they were employed. When the tax rate increases on an individual who has the work ethic to seek and to secure, two full time jobs, only to pay a higher percentage of his taxes that one who only works one job and perhaps receives welfare payments from the government, something is wrong with that equation.
Constant worry about the rich becoming richer is serving as an impediment to the fair tax being enacted. However, in their tunnel vision, detractors have failed to see how much money would be put back into the pockets of the majority of Americans who are not rich but who work for a living and upon a lower tax rate being applied to their earnings, would then take that money in order to better the living conditions of themselves and their family while at the same time, pumping billions of dollars back into the economy.
It is a win-win situation for all those who work hard and expect their effort to be rewarded, or at least not impeded upon by a socialist government that seeks to punish the hard working and successful. A fair tax would pump billions of dollars into the economy by taking the money out of the hands of a wasteful government and back into the hands of the people who earned the money in the first place.
A flat tax would greatly decrease the tax code whose nine million words, seeks only to confuse the individual and allows dozens of loopholes for people who wish to avoid the payment of even their fair share of the tax burden. Lastly, a fair tax would pump billions of dollars back into the economy by giving the individual greater control over the money that he or she earned from their hard work. This was supposed to be the form of government under the Constitution but which has been lost in the equation of the last fifty years of a tax rate which has increased exponentially over time. Let us now give the power back to the people.
WORKS CITED Goodman, John A Kinder, Gentler Flat Tax Forbes Magazine September 29, 2005 www. forbes. com Retrieved December 4, 2007 Mitchell, Daniel A Brief Guide to the Flat Tax The Heritage Foundation www. heritage. org Retrieved December 4, 2007 Perez, Richard As Forbes Endorses Giuliani, Giuliani Endorses a Flat Tax The New York Times www. nytimes. com Retrieved December 4, 2007 Schumsky, Matt On Tax Day, $125 Billion in Waste Freedom Works www. freedomworks. org Retrieved December 4, 2007