Sunday, November 6, 2011

Arthur Laffer on 9-9-9

SEE HERE I don't know what the right answer is, but I do know what the wrong answer is.  The current tax code is a nightmare which keeps getting worse and a tax code that you can't really understand and which seems designed to confuse and confound is simply unacceptable.  We need simplification.  I like a flat tax myself but 9-9-9 is interesting and worth serious consideration.  So we shouldn't just kick it off the table in favor of the current mess we have.

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