But we must insist that all citizens pay their fair share to support our government. For the first year that the flat tax is instituted the minimum wage increase will just keep up with the tax increase so the minimum wage worker will just break even. For that reason we will not start dismantling the earned income credits until the third year. All earned income tax credits will be completely phased out over the third, fourth and fifth year of the ten percent flat tax plan. All food stamps and housing assistance for the working poor will be phased out over the first five years of the flat tax plan.
All work has dignity and therefore all workers deserve a living wage.
We must recognize that we live in a global economy where transport over intercontinental distances is no longer expensive. We must also recognize that in many countries child labor, slave labor, and prison labor are commonplace. These same countries have very low or non existent minimum wage laws, fair labor standards, and no workman compensation system. If our companies have to compete in a price war with competitors in these countries we will loose even more good jobs. Our workers need protection from these unfair competitors.