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Flat tax renews fight on trickle-down economics
The flat tax reemerges in Republican presidential debates with Romney, Cain, and Perry promoting variations. Critics in Congress warn it favors the rich, while supporters say it simplifies taxes. Obama and Democrats press for higher taxes on the wealthy amid calls for broader economic reform.
MENTIONED IN THIS ARTICLE
Washington
Congress
Mitt Romney
Herman Cain
Texas
Rick Perry
Romney
Steve Forbes
Forbes
Perry
Ronald
Barack Obama
William McBride
The
Tax Foundation
Chuck Marr
Cain
Roberton Williams
Tax Policy Center
Williams
George W. Bush
Obama