Hoover Institution economists Alvin Rabushka and Michael S. Perhaps the rest of the world can learn something from them, and find in the Russian experience a flat tax proposal that actually might work. As incredible as it sounds, conservative policy wonks and activists in the remnants of the old Soviet Union have had far greater success with the flat tax than their counterparts in Canada and the US. Where can one find this flat-tax juggernaut, and who is the free market ideologue to which conservatives owe thanks? Believe it or not, the juggernaut is Russia, and the ideologue is Russian president Vladimir Putin. One relatively new flat-tax proposal seems to be gaining momentum and impressing even liberals. It has come to the point where some conservatives and libertarians have given up on the flat tax crusade, and are now working towards the (it seems) politically more feasible goals of larger tax cuts and mandatory debt reduction.īut hope springs eternal. And we all know what happened to Stockwell Day and the Canadian Alliance’s 17 per cent single-rate tax proposal, or “Solution 17.” The failure to implement any sort of flat tax is enough to make a grown free-marketer cry. ![]() Various flat tax proposals in the US-Hall-Rabushka, Armey-Shelby, Forbes-had merit, yet all fell by the wayside. Ever since Milton Friedman suggested the idea of a 23.5 per cent flat-rate income tax for American taxpayers in his 1962 book Capitalism and Freedom, economists and politicians have tried to create a flat-tax model that everyone could accept.
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