Bachmann’s ‘Flat Tax’ Full Of Fairy Dust And Magic | Addicting Info
By Wendy Gittleson
Not to be outdone by Herman Cain and Rick Perry, Michele Bachmann revealed her ‘flat tax’ plan to Christiane Amanpour on ABC’s This Week. The thing about her flat tax plan is that the former IRS tax attorney seems to have no idea what a flat tax actually is.
“I would flatten the rates and simplify them, I would not have just one rate, but I’ll have several rates,” she said. “A flatten, simple, much fairer system, and one that would be equitable and raise revenues for the federal government as well.”
Um. A flat tax is by definition, one tax rate…for everyone, regardless of income. What Bachmann’s promoting is not a flat tax.
Just one more nail in the coffin of Bachmann’s Presidential campaign? Video below:
Not to be outdone by Herman Cain and Rick Perry, Michele Bachmann revealed her ‘flat tax’ plan to Christiane Amanpour on ABC’s This Week. The thing about her flat tax plan is that the former IRS tax attorney seems to have no idea what a flat tax actually is.
“I would flatten the rates and simplify them, I would not have just one rate, but I’ll have several rates,” she said. “A flatten, simple, much fairer system, and one that would be equitable and raise revenues for the federal government as well.”
Um. A flat tax is by definition, one tax rate…for everyone, regardless of income. What Bachmann’s promoting is not a flat tax.
Just one more nail in the coffin of Bachmann’s Presidential campaign? Video below:
