Research Report Flat Tax
From The Encyclopedia of Taxation and Tax Policy
William G. Gale
Display Date
Download Report
(37.61 KB)

The flat tax is a proposal for fundamental tax reform that would replace the income tax system with a consumption tax, to be collected by levying a flat-rate tax on businesses and individuals. This article begins by explaining the Hall-Rabushka flat tax. It then discusses how to evaluate the effects of adopting the tax, its implications for economic efficiency and growth, and the transition process from an income to a flat tax.
Research Areas Taxes and budgets
Tags Federal budget and economy Campaigns, proposals, and reforms Federal tax issues and reform proposals
Policy Centers Income and Benefits Policy Center