Tuesday, February 7, 2012

Pass the Romney Rule!

But how to persuade those who view the world through the prism of Nozick? Nozick acknowledges the need for government to provide certain public goods, such as the national defense and police functions, but he is generally libertarian, and skeptical of an expansive view of government. When it comes to taxation, even those from the Nozick school can be convinced that a flat tax is the best of the bad alternatives. From their perspective, the tax code should not be used to redistribute?but it also should not be used to discriminate. So here is the pitch to them: Give us a flat tax! Do not discriminate between ordinary earned income and capital gains income: Tax them the same! Bring Mitt?s marginal rate to the same level as that or ordinary income. If both can be prudently lowered through loophole closing, that is fine.

Source: http://feeds.slate.com/click.phdo?i=61ebc4c854635431c1eac6d0b0d872bc

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