link 22 Oct Robert Reich: The Flat-Tax Fraud, and the Necessity of a Truly Progressive Tax»

robertreich:

Herman Cain’s bizarre 9-9-9 plan would replace much of the current tax code with a 9 percent individual income tax and a 9 percent sales tax. He calls it a “flat tax.”

Next week Rick Perry is set to announce his own version of a flat tax. Former House majority leader Dick Armey – now chairman of…


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