Detail The Craze for Flat Taxes; The Presidential Race   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 401 no. 8757 (Oct. 2011), page 37-38. Topik: Political Campaigns; Presidential Elections; Tax Cuts Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.68 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel "Zero-zero-zero is better than nine-nine-nine," claims Rick Santorum, a Republican presidential candidate, trying to outbid the tax plan of his rival Herman Cain. Mr Santorum's is not the only effort at one-upmanship: "I'll bump plans with you, brother," Rick Perry, another contender, told Mr Cain before unveiling a proposal for a flat tax this week (see above). Yet another of the candidates, Newt Gingrich, does not want to be left out. "Bump plans w/ me," he implored Mr Perry by tweet. It has been more or less compulsory for Republican presidential candidates to promise a tax cut of some sort--or at least indefatigable opposition to tax increases--ever since Ronald Reagan pledged a 10% reduction in marginal rates every year for three years during the campaign of 1980. Both parties profess to believe that the tax code should be simplified and the base broadened, chiefly by eliminating most loopholes. This holds out the prospect both of lowering rates, a notion dear to Republicans, and raising revenue, which pleases Democrats. The idea appeals to populists on the left and the right, as a blow to special interests and corporate welfare. It is the crux of all deficit-reduction schemes that enjoy bipartisan support, and is thought to feature prominently in the discussions of the "super-committee" charged by Congress with deflating the deficit. It was also the basis of the last big overhaul of the tax code, under Reagan. Catchy campaign slogans, in other words, can sometimes evolve into sensible policy. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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