(Washington, D.C., Monday, March 29, 2010) A new video released today by the Center for Freedom and Prosperity Foundation (CF&P) explains why a flat tax would be superior to the internal revenue code. Entitled "The Flat Tax: How it Works and Why it is Good for America," the mini-documentary includes a 20-second tutorial showing the simple postcard-sized tax forms that would replace the hundreds of forms in the current system.
"The current income tax system is burdensome, rigged to help the politically well connected, and it makes America less competitive" said CF&P Foundation President Andrew Quinlan. "A flat tax would help the economy and treat all Americans equally."
"America's top fiscal policy goal should be smaller government," added Dan Mitchell, narrator of the video and Cato Institute Senior Fellow. "But fixing the tax code should be second on the list since the current system needlessly reduces prosperity."
Executive Summary
This Center for Freedom and Prosperity Foundation video shows how the flat tax would benefit families and businesses, and also explains how this simple and fair system would boost economic growth and eliminate the special-interest corruption of the internal revenue code.
For additional comments: Andrew Quinlan can be reached at 202-285-0244 andy@freedomandprosperity.org Dan Mitchell can be reached at 202-218-4615, dmitchell@cato.org
