Here’s what he says about the “progressive taxes are more fair” argument favored by the left-liberals:
There are two big hurdles that must be overcome to achieve tax reform. The first obstacle is that the class-warfare crowd wants the tax code to penalize success with high tax rates. That issue is addressed in the video in a couple of ways. I explain that fairness should be defined as treating all people equally, and I also point out that upper-income taxpayers are far more likely to benefit from all the deductions, credits, exemptions, preferences, and other loopholes in the tax code.
You can read the other reason in his article at Big Government.
Personally, I’m drawn to the idea of a national sales tax or VAT as a replacement for the income tax. It makes sense to tax consumption instead of productive work, though I recognize some fear that it would be a hidden tax that fuels government growth.
Regardless, I think we can all* agree that the current tax system is a nightmare that needs to end.
*(Except for Democrats progressive statists and the tax-prep industry.)
LINKS: More at Hot Air.