Flat Tax is Good for the Economy

The IRS has actually given another and more recent statement on the flat tax than what my opponent has provided you. The IRS has provided what they call the Army-Shelby Flat Tax Rate at that of 17%. Once again I remind you that this debate is about the flat tax system not a certain percentage. I could argue Hermain Cain's 9-9-9 tax system and as long as I get my points across I would win this debate on the grounds that I defended that the flat tax is benefitial to the economy. I don't have to argue a percentage. (. http://apps.irs.gov...) There is also an extemption of $35,000 which many families would fall under and would thus be TAX EXEMPT. Showing that they would not have to pay taxes. Please visit the link I provided you to see the chart. So we can see that my opponent's "everyone doesn't win" theory is false and null. My opponent tried to do math here and came up with a minesul number, but we can see that the 20,000 that he provided falls under the IRS's tax extemption so we do not see the impact that my opponent is warning of. If we observe the above chart we can see that it compares Flat, Progressive, and Regressive Tax. We can see that the flat tax would be the best here as it permits the same tax percentage for all. This is key when we decide to tax income instead of products as we would never be 100% sure that consumer confidence would be up and under a fair tax plan in zero consumer confidence the federal government would be making no money compared to if the average joe has a job then the government would be making money reguardless if the consumer spends their paycheck or not. (. http://one-simple-idea.com...) As a point that I've brought up earlier and my opponent has dropped was that of the simplication of the tax system under the flat tax. (. http://www.heritage.org...) Instead of having to go through the current number of 893 tax pages the new tax system treats those equally and doesn't punish those of us who contribute to the nation's wealth and ends discrimination under taxation this is something that has been harped on by the US Supreme Court. Above we can see that under the flat tax system they all pay the same exact tax rate vs. that of a Progressive tax rate. Under this system we can see that you would be getting more revenue than under the progressive tax system which is rediculous. (. http://one-simple-idea.com...) Here we can see that under the flat tax system you can get more revenue and you wouldn't be harming the average joe as much as they wouldn't be paying as much in sales tax that would come under the currnet tax system and not only that, but we have to realize that the harm that would be done under the status quo, which he DROPPED! So I'll extend those points across the board. My opponent is also incorrect on the EITC as it shows at the bottom of the page just on how much said tax system works and saves this program. We can also see in a study done by Harvard is that the income gap isn't because of revenue, but because of that of education. They found in their study that by decreasing the gap by lowering the wealth of that it decreases economic growth and thus harming the economy of richer nations. (. http://blogs.wsj.com...) So we can see that by sticking with the current economic system that we are harming our own economy conterary to belief. If enacted we can see that the flat tax would give us.1. Faster economic growth.2. Increasing economic growth and productivity via increasing incentives. Like in Russia.3. Instant wealth as all income net would increase. 4. Simplicity and fiarness. (. http://www.heritage.org...)My opponent argues that the rich will use this as an abuse, but you have to realise that under this system that more people will donate more money to charity of which we can see that the theories of Milton Friedman are coming true. In his book, Capitalism and Freedom, he showed that this tax system and charity would provide such an antidote to poor that they would replace things like Social Security and Welfare. With these things looking to give our federal government net deficets in the future with the Baby Boomers retiring we can see that it would be a great relieaf system for our government to take this burden off of their hands and they would be able to put money into more needed areas. For the EXPAT argument we can see Russia is very nationalist so it's obvious that they would be treating their expats like that and this harsh punishment helps their own economy as well. In conclusion, we can see in this debate that the flat tax is better than the status quo and I have won this debate for several reasons. We can see that my opponent did not defend the status quo and he only insisted on attacking the 28% flat, but yet to realize that there are other flat tax methods out there like Hermain Cain's 9-9-9 plan. We can see that this plan has worked abroad and that this plan will work at home and reform our own economy providing much needed relieaf and stimulas to grow our economy exponentially.