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3 unusual facts about flat tax


Flat tax

Robert Hall and Alvin Rabushka have consulted extensively in designing the flat tax systems in Eastern Europe.

Four years later, Republican candidate Steve Forbes proposed a similar idea as part of his core platform.

Flat tax plans that are presently being advanced in the United States also seek to redefine "sources of income"; current progressive taxes count interest, dividends and capital gains as income, for example, while Steve Forbes's variant of the flat tax would apply to wages only.


Economy of Panama

President Ricardo Martinelli had promised to implement a flat tax system with a flat tax of 10% and which promised to raise revenues, put inflation under control and which will allow enormous real wage gains.

Hall–Rabushka flat tax

The Hall–Rabushka flat tax is a fully developed flat tax on consumption designed by American economists Robert Hall and Alvin Rabushka at the Hoover Institution.


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