The Cart Blog

Wednesday, January 16, 2008

Revenue neutral flat tax proposal

Filed under: Economics — thatsoftwareguy @ 7:06 am

Greg Mankiw thought enough of this flat tax analysis to give it some link love.    Money quote:

For 2005, I come up with a tax rate of 31.85% and a deduction of $35,725.

32%, eh?  Somehow I doubt Steve Forbes would be pleased.

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