The Flat Tax | Impôt à taux unique |
The
Flat Tax Revolution in Europe
David Storobin,
Esq. - 8/5/2006
In 1994, Estonia became the first country to institute the
flat tax, charging 26% on all personal and corporate income with no deductions
allowed. The economy flourished as a result, declared The Economist.
The Estonian example was followed by the other two Baltic states, Latvia and Lithuania,
but remained largely irrelevant and unknown to the world at large, as few people
were aware of what was taking place in the region. But on January 1, 2001, Russia
joined the Baltic states with an even lower tax rate of only 13% (however, the
countrys corporate tax is still very high). This led the world to notice.
Source:
Global
Politician
"Global Politician is an independent
journal of politics, economics and world affairs. It provides news that is often
not available anywhere else."
Related Links:
Flat
Tax - from Wikipedia
"(...)
A flat tax usually refers to the taxation of incomes but can be applied to consumption."
-
includes arguments for and against a flat tax...
Google
Web Search Results:
"flat tax"
Google
News Search Results:
"flat tax"
Source:
Google.ca
From the Fraser
Institute...
Fraser
Institute Says Canadians Would Benefit from Simplification of the Tax System
12/03/2003
Tax
Reform in Canada
01/03/2003
Significant
tax reform required in Canada
14/05/2001
Flat
Tax: Principles and Issues
01/05/2001
Canadian
investment managers urge adoption of a flat tax
17/11/2000
Here's the official wording on the income tax issue from the May 2002Canadian Alliance Declaration of Policy
"(...)
The Canadian tax system will be simplified and made fairer through publicly
driven tax reform.
13. We will restore public confidence in the fairness of the Canadian tax system by reducing its complexity. We will restore indexation and move towards a simpler tax system, built around a single rate of taxation to ensure lower taxes for all Canadians. We believe that all Canadians above a minimum income level should share in the cost of the services provided by government, which benefit us all. "
Source:
Canadian Alliance Party
(this is now a dead link)
From the Institute for Research on Public Policy (IRPP)...
Policy
Options - October 2000
This issue of Policy Options includes
links to PDF versions of articles presenting differing views on the Canadian Alliance
Party Flat Tax - oops, Single Tax - proposal. Click on the link above to see a
short abstract of each article or select an article below. [Check the table of
contents on the October Issue page for links to almost a dozen other articles
on other subjects]
Not
just 'single'-minded"
(PDF file - 6 pages, 59K)
Ken Boessenkool
and Mark Mullins
The Canadian Alliance does propose a single-rate income
tax, but that is just one component of its detailed fiscal plan.
"The
Alliance's flat tax: Are these guys serious?"
(PDF file - 5 pages,
34K)
Neil Brooks
The Canadian Alliance’s single-rate income tax is
regressive, incoherent, inefficient and inconsistent with widely shared Canadian
values.
"Three
more views of the flat tax" Conference Call
(PDF file - 8 pages,
52K)
Pierre Fortin, Jonathan Kesselman and Dale Orr
"The
Alliance's Solution 17"
(PDF file - 3 pages, 53K)
Monte
Solberg
Policy Options asked the plan’s co-author, former Alliance Finance
critic Monte Solberg, to explain the reasoning behind it.
Flat
Taxes, Dual Taxes, Smart Taxes: Making the Best Choices
(PDF
file - 124 pages, 725K)
Jonathan Kesselman (November 2000)
Of the
many [personal income tax cut] proposals put forward by political parties
of all stripes, the flat and dual tax plans proposed by the Canadian Alliance
stand out as the most striking proposals to change the federal tax system. This
study assesses these two personal income tax plans in detail and uses them as
a springboard for a broader analysis of the requisites to improve taxation policy
in Canada.
United States
The
Flat Tax Page - from the National Center
for Policy Analysis
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