06-21-2016, 08:44 AM
Call it Andy Stern meets Milton Friedman.
1. Give every U.S. citizen not in jail and over 21 a $12,500 refundable tax credit, indexed annually to the CPI.
2. Subject all income to a flat tax, say 25%, with no exemptions or credits whatsoever - no exceptions - besides #1 above.
3. Abolish the minimum wage altogether.
One side of our political divide wants to judge the poor for their laziness, while the other side wants to judge the rich for their greed.
But how about an economic policy that judges nobody?
1. Give every U.S. citizen not in jail and over 21 a $12,500 refundable tax credit, indexed annually to the CPI.
2. Subject all income to a flat tax, say 25%, with no exemptions or credits whatsoever - no exceptions - besides #1 above.
3. Abolish the minimum wage altogether.
One side of our political divide wants to judge the poor for their laziness, while the other side wants to judge the rich for their greed.
But how about an economic policy that judges nobody?
"These, and many other matters which might be noticed, add a volume of unofficial declarations to the mass of organic utterances that this is a Christian nation" - Justice David Brewer, Church of the Holy Trinity v. United States, 1892