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Aug 15, 2005 -- Flat tax v. sales tax?

Neal Boortz, a fellow talk show host, has written a book about eliminating income tax all together. Instead, Boortz wants to start a sales tax at the national level. The sales tax would be 23 to 27 percent, and basically the idea is that you only pay tax on what you spend not on what you make. Boortz’s book is No. 1 on the NYT Best Seller list because it’s such a simple concept compared to our current system. In the other camp is Steve Forbes, who advocates a national flat tax. Forbes ran for president, you may recall, and he runs the magazine Forbes. Clark loves the idea of simplifying our current tax code so that people are in two or three simple tax brackets. It would mean that tax returns take just a few minutes and people could easily understand – and be more honest about – the taxes they’re paying. That system was corrupted and perverted over time by politics, and now it’s harder than ever to do your taxes. Clark is not partisan on this issue. But he worries that over time a flat tax could be corrupted again. The beauty with the sales tax is that there is nothing to mess up. Politicians can’t get in and change it around.

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