Every four years, during the presidential election season, Republican candidates criticize the abuses of the IRS and the complexity of the tax code. This time is no different. Sometimes Republicans introduce their own tax reform plans. This year Senators Marco Rubio and Mike Lee have their plan and Senator Rand Paul has his. With the large number of Republican candidates running for president this time, there will certainly be others. Republicans invariably talk about the need to shift to a flat tax that is both “fair” and “simple,” yet still raises enough money for the federal government. The tax rates … Continue reading The Flat Tax