The current income tax system attacks success, imposes enormous compliance costs on taxpayers, rewards special interests, and makes America less competitive. A flat tax would go a long way towards correcting these problems. More importantly, it would get the government out of the way of our economy and job creators.
We support moving towards a flat tax system with a single low tax rate, which would reduce penalties against productive behavior, such as work, risk taking, and entrepreneurship. A flat tax will eliminate many special interest exemptions and loopholes. Such a system will also solve the problems of complexity, allowing taxpayers to file their tax returns on a simple form. A flat tax system will also eliminate the tax code’s assault on capital formation by ending the double taxation of savings and investment income. By taxing income only one time, a flat tax is easier to enforce and more conducive to job creation and capital formation.
I stand with Congressman Allen West in support of a flat tax.
Congressman West on the “Liberal” media, “it’s all about fear.”
Congressman Allen West is interviewed by John D. Villarreal of Conservative New Media on a range of issues including the 2012 Election, President Obama, Presumptive GOP Presidential Nominee Governor Mitt Romney, Tax Policy/The “Buffet Rule,” Government Spending & the National Debt, the media, and more!